Time Warner Cable’s Acquiring Insight Communications

Time Warner Cable’s Acquiring Insight Communications


Monday, August 22nd, 2011 at 4:24 pm

Nancy Garcia

Nancy is a Digital Strategist for Piehead

Time Warner Cable plans to buy cable television operator Insight Communications. According to Bloomberg.com, the companies are expected to complete the transaction in early 2012.

Insight brings a lot to the table. With 537,000 high-speed data subscribers, 679,000 video subscribers and 297, 000 voice subscribers, Time Warner increases its customer base while saving $100 million due to cost reductions.

As more people stop paying for cable, the increase in scale will help Time Warner compensate for cord cutting customers.  How do you think consolidations such as this will play out within the cable sector?