It's not all bad news all the time for Charter Communications (OTC BB: CCMM), most frequently mentioned as the incumbent provider for broadband-fickle Opelika, Ala. where the townspeople not only agreed to build their own fiber network but recently signed a franchise deal with Knology (Nasdaq: KNOL). The nation's fourth largest MSO has secured a 10-year cable TV license in Grafton, Mass., ending nearly a year of negotiations between the MSO and the Cable Advisory Committee.
For Charter, though, there is never an easy road. The St. Louis-based company will compete head-on with Verizon (NYSE: VZ) for the city's cable business.
Elsewhere in the Charter empire, Marshall, Texas is ready to bid adieu to Charter and welcome CoBridge Broadband which recently acquired the local franchise.
For more:
- see this story
- and this story
Related articles:
Charter claims it can one-up Opelika, Ala.'s fiber network
Once a cable guy, always a cable guy: CoBridge buys Charter properties
Knology gets a piece of cable action in Opelika