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SEC Filings

424B3
INSIGHT COMMUNICATIONS COMPANY L P filed this Form 424B3 on 10/25/2017
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Table of Contents

SUMMARY

This summary contains a general discussion of our business and the exchange offer. It does not contain all the information that you should consider before making a decision regarding whether to tender your original notes in exchange for new notes. For a more complete understanding of the exchange offer, you should read this entire prospectus, the information incorporated by reference herein and the related documents to which we refer.

The Parent Guarantor is an indirect subsidiary of Charter Communications, Inc. (“Charter”). The Parent Guarantor is a holding company with no operations of its own. CCO and CCO Capital are direct, wholly owned subsidiaries of the Parent Guarantor. CCO is a holding company with no operations of its own. CCO Capital is a company with no operations of its own and no subsidiaries. The Parent Guarantor and its direct and indirect subsidiaries, including CCO and its direct and indirect subsidiaries as well as CCO Capital, are managed by Charter. The additional Registrant Guarantors are direct and indirect subsidiaries of CCO. For a chart showing our ownership structure, see page 3.

Unless otherwise stated, the discussion in this prospectus of our business and operations includes the business of the Parent Guarantor and its direct and indirect subsidiaries. Unless otherwise stated, all business data included in this summary is as of June 30, 2017.

CCO and CCO Capital are sometimes referred to in this prospectus collectively as the “Issuers” and each individually as an “Issuer.” The terms “we,” “us” and “our” refer to the Parent Guarantor and its direct and indirect subsidiaries on a consolidated basis. The term “Transactions” refers to (i) the transactions completed pursuant to the Agreement and Plan of Mergers, dated as of May 23, 2015 (the “Merger Agreement”), by and among Time Warner Cable Inc. (“Legacy TWC”), Charter Communications, Inc. prior to the closing of the Merger Agreement (“Legacy Charter”), CCH I, LLC, previously a wholly owned subsidiary of Legacy Charter (“New Charter,” now known as Charter Communications, Inc. and referred to elsewhere in this prospectus as “Charter”), and certain other subsidiaries of New Charter and (ii) the acquisition of Bright House Networks, LLC (“Legacy Bright House”) pursuant to the Contribution Agreement, dated March 31, 2015, by and among Legacy Charter, New Charter, Advance/Newhouse Partnership, A/NPC Holdings LLC, and Charter Communications Holdings, LLC, as amended. “Existing Secured Notes” means the previously issued debt securities of the Issuers outstanding on the date hereof.

Our Business

We are the second largest cable operator in the United States and a leading broadband communications services company providing video, Internet and voice services to approximately 26.8 million residential and business customers at June 30, 2017. In addition, we sell video and online advertising inventory to local, regional and national advertising customers and fiber-delivered communications and managed information technology solutions to larger enterprise customers. We also own and operate regional sports networks and local sports, news and lifestyle channels and sell security and home management services to the residential marketplace.

Since 2012, Legacy Charter has actively invested in its network and operations and improved the quality and value of the products and packages that it offers. Through the roll-out of Spectrum pricing and packaging (“SPP”) across Legacy Charter, we have simplified our offers and improved our packaging of products, delivering more value to new and existing customers. Further, through the transition of our Legacy Charter markets to our all-digital platform, we increased our offerings to more than 200 HD channels in most of the Legacy Charter markets and offered Internet speeds of at least 60 or 100 Mbps, among other benefits. We believe that this product set combined with improved customer service, as we insource our workforce in our call centers and in our field operations, has led to lower customer churn and longer customer lifetimes.

 



 

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