Pac Bell to sell its cable plant. (to Cable Cooperative of Palo Alto)
Multichannel News, June, 1990 by Haugsted, Linda
Pac Bell To Sell Its Cable Plant PALO ALTO, CA -- One of the first telephone companies to get involved in cable may now become one of the first to depart. Pacific Bell has signed a letter of understanding with the Cable Cooperative of Palo Alto under which the utility would sell back to the cable company the physical plant constructed by Pac Bell.
The terms were not disclosed. The co-op was the successful bidder for the franchise in 1985 with a controversial proposal that the utility build the 465-mile, 550 MHz broadband plant and lease it back, over a period of 15 years (though 2000) to the locally owned cable operator. But the co-op is initiating an early buyback because of its need to restructure its long-term debt, according to general...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
