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Charter Launches 60 Mbps Service

ndogg writes "While other companies are throttling their services, and capping bandwidth, Charter Communications, the cable company, is launching a 60/5 Internet service, starting in St. Louis, MO. It's certainly not cheap, starting at 129.99 per month (add another 10 if it's not being bundled with television or phone.) Currently, it's the fastest down stream speed available, and being a cable company, they potentially have greater reach than FiOS." However, there may be a risk to putting too much money down on this service; Charter Communications as a company faces some serious financial problems right now. As reader Afforess writes, "rumors abound that Paul Allen may just cut his losses and run," by selling the company. (Allen is the majority stockholder.)

8 of 299 comments (clear)

  1. Lulz by Anonymous Coward · · Score: 4, Informative

    Charter stock trades at 9 cents a share today. That's up from 8 cents yesterday.

  2. chapter 11 by fredan · · Score: 5, Informative

    from wikipedia:

    "On January 28, 2009, Charter Communications reportedly filed for Chapter 11 bankruptcy."

    Charter Communications

  3. Speed isnt everything by sempiterna · · Score: 5, Informative

    As a previous charter customer, I wont ever re-subscribe to charter if I have the choice of providers. For the first year I had charter latency was worse than dial up. All their customer service would tell us is that "It's a known issue and it's bound to improve.. sometime." No credits, no refunds, just.. that's how it is, deal with it or cancel your account. After they upgraded their backbone, they blocked port 25, 80, 110, and most of the server ports inbound, and their upload speed was really, really poor. (5 mbs service, with 128k upload MAX) I would not want 60mbs internet if they blocked nearly everything I want to do on the internet.

  4. fastest? by MoFoQ · · Score: 4, Informative

    fastest? no.
    As an example, there are several providers that have 1Gbps (1000Mbps) service in Japan
    here's one
    here's another

    Maybe the fastest for US cable internet companies thus far but it's nowhere near being the fastest, period.

  5. Re:I want the Upstream by mpaulsen · · Score: 5, Informative

    "They sell you internet access, you get it. Deal is done.

    Well, sure. Unless you count forging DNS results and deep packet inspection in order to insert ads into the sites you're visiting.
    http://slashdot.org/article.pl?sid=07/02/15/0432259&from=rss
    http://yro.slashdot.org/article.pl?sid=08/05/13/1832256

  6. Re:I want the Upstream by ScrewMaster · · Score: 5, Informative

    Simple. Because they (you?) are the most powerful country (in military terms).

    You can't have both. Or in other words: Because you spent all the money on wars.

    {sigh} why is it that you people always try to sell Americans on the idea that we spent all our money on wars and thus must have less than you in other areas? Your logic is faulty, and your conclusion suspect (although I'm sure it makes you feel all warm inside just thinking that Americans will never have faster broadband than you because we have more guns than you.) I hate to break this to you, but the two are not mutually exclusive. Anyway, there's your reality check (since yours has obviously bounced.)

    This has zip to do with Federal expenditures on our military, and has everything to do with the private sector here being run by greedy fucks that are nickel-and-diming us back to dial-up, all the while doing their damnedest to offer us less for more. We're loaded with dark fiber at the moment (laid during the DotCom bubble) that, if it were actually lit up, would give us more than enough capacity to be competitive on the world scene. But it's kept dark because certain large corporations make more money by inducing artificial scarcity (kinda like the music industry, but that's a story for another day.) In fact, if you've been keeping up on your Slashdot, you'd know that our Telcos got about two hundred billion dollars in tax breaks, granted in exchange for their providing high-speed connections to all. They reneged on the deal ... but kept the money.

    Simple, really. You just have to have a few facts at your command.

    --
    The higher the technology, the sharper that two-edged sword.
  7. Re:In Southeast Michigan... by Gybrwe666 · · Score: 5, Informative

    Its very simple, really, and there is nothing sinister or state-regularted about it (which, in some minds, might be the same thing...

    Charter grew up like every other cable provider: acquisition. Cable franchises are granted on a city (or county) by city (or county) basis. In other words, Charter (or a company it acquired) negotiated at some point with the municipalities in question and bought the rights to provide service.

    So, they bought those cities.

    Note that rural areas are generally much cheaper for a cable company to expand into. Two reasons: one, franchises are cheaper, because of the lower number of potential subscribers, and two, in a rural area the costs associated with building a system are *RADICALLY* cheaper. For instance, in the county of Charters HQ (St. Louis, County, Missouri) the average cost per foot (inclusive) to lay fiber is about $8/foot. (Okay, this was the cost in 2002, but it will suffice for this discussion.) However, if you across the river from St. Louis, into Southern Illinois (also Charter territory) the cost per foot averages about $2 per foot. (also 2002 figures). In other words, a sparsely populated, more rural or rural area *CAN* be a cheap acquisition and buildout for a provider. Obviously, this is dependent on simple cost-ratios, and there will come a point where an area is simply too underpopulated to cost-effectively support.

    Also, you have to look at Charter's history to understand why they have lots of rural populations under their belts. The original founders, headed up by Jery Kent, all lived in rural areas of Missouri. When Paul Allen bought into the company, he had completely and totally bought into the "wired world" concept. As a result, between the founders (who desparately wanted service in areas nearly and hour from the edges of St. Louis), Jerry Kent, and the relative cheapness of such systems, there was a gold-rush mentality on these outlying systems that no one wanted.

    So Charter ended up in lots of smaller systems and areas.

    Not necessarily a bad business plan, just one they screwed up with some unrelated decisions much later.

    Bill

  8. Re:We know. We don't care. by Yuuki+Dasu · · Score: 5, Informative

    The problem with your argument is that you assume that only Tokyo has good broadband. The whole country has amazing connectivity.

    How much do you pay for an 1100 sq ft (102 m^2) apartment? How much do you pay for energy? For gas? For food?

    I live in a city of about 80k people, about 45 minutes from Kyoto. I live alone in an apartment that's a very comfortable size for me - over 400 sq ft - and pay only about $400 a month in rent. Even in winter I only pay about $45 a month in electricity. Public transportation and my bike mean I don't even know offhand the price of gas. Food, I can cook for myself cheaply or go out to low-end restaurants for around $10.

    My 50mbps cable costs me $40 a month.