November 28, 2007
My capstone course is wrapping up next week. Each week we had a local CEO visit the class and give a presentation on his company. So last night a fellow student and I were talking about what would have happened if Charter Communications' CEO had paid us a visit. First of all, there would have been blood spattered on the walls of the classroom. I envision an army of students carrying AK-47s, shotguns, and knives. The poor guy would then be robbed of any cash he was carrying in order to help defray the cost of paying for cable and internet service that was not received. There would also be a degradation into foul language as epithets were thrown at the poor CEO. I don't think he would live through the experience.
We had a class on Time Warner Cable, and I have never seen so much collective anger directed towards Charter Communications. Everyone had a complaint.
I just don't understand why the company is still in business. There are other options in a market area where Charter has a monopoly, particularly satellite. If you can pay $60 a month for cable, I bet you can pay $80 a month for satellite.
The only way this company is going down is if people stop giving it money... for nothing.
Posted by megabeth at November 28, 2007 09:10 AM
I can't see any compelling reason for granting a monopoly to any public utility. In Charter's case in particular I can't see service getting any worse or rates getting much higher than they all ready.
If they've invested in infrastructure, they could be compensated at a fixed monthly fee for use of the same. Then the compeditor could charge for providing their cable service.
Posted by: southtrek at November 28, 2007 12:01 PM
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