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424B3
INSIGHT COMMUNICATIONS COMPANY L P filed this Form 424B3 on 10/25/2017
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As a result of the Transactions, 2017 second quarter revenues increased by $3.9 billion year over year and 2016 annual revenues increased by over $18.6 billion year over year. We also saw an increase in expenses related to our increased scale. In September 2016, we began launching SPP to Legacy TWC and Legacy Bright House markets and as of June 30, 2017, we offer SPP in nearly all Legacy TWC and Legacy Bright House markets. In the second half of 2017, we intend to begin converting the remaining Legacy TWC and Legacy Bright House analog markets to an all-digital platform. Our corporate organization, as well as our marketing, sales and product development departments, are now centralized. Field operations are managed through eleven regional areas, each designed to represent a combination of designated marketing areas and managed with largely the same set of field employees that were with the three legacy companies prior to completion of the Transactions. Over a multi-year period, Legacy TWC and Legacy Bright House customer care centers will migrate to Legacy Charter’s model of using segmented, virtualized, U.S.-based in-house call centers. We are focused on deploying superior products and service with minimal service disruptions as we integrate our information technology and network operations. We expect customer and financial results to trend similarly to Legacy Charter following the implementation of Legacy Charter’s operating strategies across the Legacy TWC and Legacy Bright House markets. As a result of implementing our operating strategy across Legacy TWC and Legacy Bright House, we cannot be certain that we will be able to grow revenues or maintain our margins at recent historical rates.

Our Corporate Information

On May 18, 2016, New Charter (formerly known as CCH I, LLC, an indirect parent company of CCO Holdings) completed its previously reported merger transactions among Charter, Legacy TWC, Legacy Charter, and certain other subsidiaries of Charter. Also on May 18, 2016, Charter completed its previously reported acquisition of Legacy Bright House from Advance/Newhouse Partnership. As a result of the Transactions, Charter became the new public parent company that holds the combined operations of Legacy Charter, Legacy TWC and Legacy Bright House and was renamed Charter Communications, Inc. Substantially all of the operations acquired in the Transactions were contributed down to CCO Holdings.

Our principal executive offices are located at 400 Atlantic Street, 10th Floor, Stamford, Connecticut 06901. Our telephone number is (203) 905-7801, and we have a website accessible at www.charter.com. Our periodic reports and Current Reports on Form 8-K, and all amendments thereto, are available on this website free of charge as soon as reasonably practicable after they have been filed. The information posted on our website is not incorporated into this prospectus and is not part of this prospectus.

Legal Entity Structure

The chart below sets forth our entity structure and that of our direct and indirect parent companies and subsidiaries. This chart does not include all of our affiliates and subsidiaries and, in some cases, we have combined separate entities for presentation purposes. The equity ownership percentages shown below are approximations. Indebtedness amounts shown below are principal amounts as of June 30, 2017, on a pro forma basis to reflect the issuance and sale of (i) $1.0 billion aggregate principal amount of the Issuers’ 3.750% senior secured notes due 2028; (ii) an additional $1.25 billion aggregate principal amount of the Issuers’ 5.375% senior secured notes due 2047; (iii) $1.5 billion aggregate principal amount of CCO Holdings’ and CCO Holdings Capital’s 5.000% senior notes due 2028; (iv) $1.25 billion aggregate principal amount of the Issuers’ 4.200% senior secured notes due 2028; (v) an additional $1.0 billion aggregate principal amount of CCO Holdings’ and CCO Holdings Capital’s 5.000% senior notes due 2028; and (vi) $500 million aggregate principal amount of CCO Holdings’ and CCO Holdings Capital’s 4.000% senior notes due 2023.

 



 

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