I had to go to the wasteland for this:
And we're valued at $200 per sub?
by: georgepatton2000 07/18/01 07:08 pm
Msg: 338647 of 338647
Comcast's offer valued AT&T Broadband at about $4,000 per subscriber, which is lower than the value Wall Street assigns many other publicly traded cable companies.
Comcast, Cablevision, and Cox each trade at about $4,500 per subscriber, while Charter Communications Inc. (NasdaqNM:CHTR - news) trades at about $4,300 per subscriber, according to a report by Banc of America Securities.
Some analysts suggested Comcast may need to raise its bid as high as $5,000 to $8,000 per subscriber, or $67.5 billion to $108 billion, in order to convince AT&T to accept the proposed voting structure. |
