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.
(Logo:
http://photos.prnewswire.com/prnh/20110526/AQ10195LOGO)
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."
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.
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.