CorporateNovember 22, 2011
Charter and James Cable Complete Systems Trades In Alabama and Georgia
ST. LOUIS, Nov. 22, 2011 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) and James Cable, LLC today announced that they have completed the trade of broadband systems located in Alabama and Georgia.
Under the agreement, Charter traded its Douglas, Georgia system, serving a total of approximately 5,200 customers, to James Cable in an even exchange for James operations surrounding Eatonton, Georgia and Roanoke and Gu-Win, Alabama, with approximately 8,300 customers.
The trade was announced five months ago.
"Our primary focus is providing value to our customers and enhancing their experience with Charter. This acquisition is aligned with our strategy of enhancing and growing core system clusters to enable operational synergies," said Charter President, Operations Steven Apodaca. "Charter has served customers in Alabama and Georgia for many years and our newest customers join more than a half million Charter customers in the company's Alabama and Georgia markets."
Charter (NASDAQ: CHTR) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter TV® video entertainment programming, Charter Internet® access, and Charter Phone®. Charter Business® similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found at charter.com.
About James Cable
James Cable delivers affordable choices in high-speed Internet, traditional cable and advanced digital television, and local and long-distance telephone services to residential and business customers in rural communities across nine states, mostly in the southeastern US. James Cable, which operates under the trade name CommuniComm in many of its local markets, passes more than 133,000 homes. For more information about James Cable, please visit www.jamescable.com
SOURCE Charter Communications, Inc.