Around the Net
Charter Weighs Future Options
- Broadcasting & Cable, Friday, August 17, 2007 11:30 AM
Charter has engaged in asset sales in the past for this purpose. In 2006, the company sold cable systems in several transactions that netted $971
million, which the company used to reduce debt.
Charter has loads debt, most of which does not mature until after 2010. Of the more than $19 billion in outstanding debt at the company, $65 million is due to mature by the end of 2008.
