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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet -- Ignore unavailable to you. Want to Upgrade?


To: Kevin G. O'Neill who wrote (164)12/28/1998 8:05:00 PM
From: Frank A. Coluccio  Read Replies (3) | Respond to of 720
 
Thanks, I must have been watching the program when you posted the heads up. At one point, when asked how the East and West Coasts could sustain the kind of growth needed, McCourt propped up the significance of the Boston to DC, and the San Francisco to Los Somewhere corridors. He then added:

"We wouldn't be putting services into places like Kansas." [??] Or something very close to that.

Okay, that may be the game plan, but I would expect that a CEO wouldn't close their options with a region of the country by this kind of verbiage.

He claimed that the uptake of RCN's four basic service groups is for a subscriber to select, "on average," three of them... i.e., each new subscriber picks at least three of the following four categories of services, upon signing up:

Local Voice,
LD Voice,
Internet Access,
Cable TV.

How believable is this to you? Are the bases of actual new subscribers (as opposed to trial participants) statistically significant? Are these a kind of offer-you-can't-refuse type of promotionals? Which markets can he [or anyone here] point to where these stats hold up?

If these assessments are true and unaffected by the types of influences I've listed above, then I am truly impressed.

If, OTOH, they are only opportunistic spins, then...

Does anyone know the answers to these questions, for sure?

TIA, Frank Coluccio