ST. LOUIS, Aug. 1, 2011 /PRNewswire/ -- Charter
Communications, Inc. (NASDAQ: CHTR) today announced it has
completed the acquisition of broadband systems serving, in
aggregate, approximately 17,000 customers in Alabama and Georgia from Windjammer Communications
LLC.
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"This transaction demonstrates Charter's disciplined approach to
capital allocation and M&A," said Charter President, Operations
Steven Apodaca. "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 significant
operational synergies," he added. Charter has served customers in
those two states for many years, and customers in the newly
acquired systems join more than 500,000 Charter customers in the
company's Alabama and Georgia markets.
Charter will ensure a seamless transition for customers from the
former Windjammer cable operations in Fort Benning, GA; Fort Payne, AL; and Cullman, AL. Charter plans to more broadly
deploy video-on-demand and HD programming, provide faster Internet
speeds and roll out enhanced services already introduced in nearby
Charter markets for area businesses.
The purchase price was not disclosed.
About Charter
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.
SOURCE Charter Communications, Inc.