You are here: silicon.com > Networks > Broadband & ISPs

Broadband & ISPs

AT&T's Comcast deal may include $12bn debt swap

But surely this saga will never really end... will it?

By Will Sturgeon

Published: 13 August 2002 09:40 GMT

Comcast's stuttering deal to buy AT&T Broadband took another step forward yesterday with news that the two companies may exchange as much as $11.8bn of debt in meeting the financial obligations of the deal.

AT&T agreed to sell its cable division to US rival Comcast last December after months of haggling over the price and terms of the deal. If all goes smoothly, and the debt swap is approved, the deal may now be concluded before the end of this year.

The deal will create a cable giant with a subscriber base of 22.3 million - far in excess of nearest rival AOL Time Warner's 12.7 million.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

Rob Bamforth Plenty of life ahead for RFID and NFC From waving your phone at shopkeepers to saving electrical workers' lives

Peter Cochrane Peter Cochrane's Blog: How the telcos could save themselves Doomed network operators could thrive with a bit of innovation


  • Jobs
Debt Manager Consultant (SME) - UK

(Debt manager, Recovery Team, Subject Matter Expert Version 8, 7, 5, 6) My client who operates in the financial services / analytical space is ...

Senior Systems Engineer - Cable Fraud Reporting Engineer

Cable Fraud Reporting Engineer Cable Fraud Reporting Engineer is urgently required for the major network provider in the UK. ACTIVITIES AND KEY ...

Subscriber Reporting Analyst

Subscriber Reporting Analyst Business Information, Corporate Insight, Dunfermline Think innovation. As a Subscriber Reporting Analyst, you will be ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: