Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


June 02, 2015 6:08 AM ET

Media

Company Overview of Cequel Communications Holdings I, LLC

Company Overview

Cequel Communications Holdings I, LLC provides video, high-speed Internet, and telephone services through its broadband network to residential and commercial customers in the United States. It offers video services, which include traditional cable video services; advanced digital video services, such as digital video recorders, high definition television, video on demand, and pay-per-view; and local, regional, and long-distance calling services, as well as additional services, including directory assistance, voice mail, and international calling services in the United States, Puerto Rico, the U.S. Virgin Islands, and Guam. The company also provides enterprise class telephone services; and ma...

520 Maryville Centre Drive

Suite 300

St. Louis, MO 63141

United States

6,382 Employees

Phone:

314-315-9400

Key Executives for Cequel Communications Holdings I, LLC

Chairman, Chief Executive Officer, Chairman of Compensation Committee, Chairman of Cequel Holdings and Chief Executive Officer of Cequel Holdings
Age: 57
Chief Financial Officer, Executive Vice President and Director
Age: 55
Chief Operating Officer, Executive Vice President and Director
Age: 52
Chief Technology Officer and Senior Vice President
Age: 52
President of Commercial & Advertising Operations
Age: 52
Compensation as of Fiscal Year 2014.

Cequel Communications Holdings I, LLC Key Developments

Altice Reportedly In Talks To Acquire Suddenlink

Altice S.A. (ENXTAM:ATC) is in advanced talks to acquire Cequel Communications Holdings I, LLC (Suddenlink). A deal would value Suddenlink, which is majority-owned by private-equity firm BC Partners and a Canadian pension fund, at between $8 billion and $10 billion including debt, and could be announced as soon as this week, according to a person familiar with the matter. There is no guarantee the talks won’t fall apart before a deal is reached. Altice has been searching for assets to buy in the U.S. for some time and has looked at several potential targets, other people familiar with the matter said.

Cequel Communications Holdings I, LLC Reports Consolidated Unaudited Earnings Results for the First Quarter ended March 31, 2015; Provides Earnings Guidance for 2015

Cequel Communications Holdings I, LLC reported consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $588.3 million grew 2.2% compared to the first quarter of the prior year, highlighted by high-speed Internet revenue growth of 14.2%. Before the impact of non-recurring expense, Adjusted EBITDA for the first quarter 2015 was $223.2 million, representing growth of 0.5%, compared to the same period in the prior year. Adjusted EBITDA for the first quarter 2015, after the impact of non-recurring expense, which was primarily associated with telephone platform migration, was $222.0 million, representing growth of 0.4%, compared to the same period in the prior year. First quarter 2015 revenue increased 2.2%, largely attributable to the increase in residential high-speed Internet revenue and growth in revenue from commercial business, including carrier services, offset in part by losses in video revenue and advertising revenue. Income from operations for the first quarter 2015 was $79.7 million, an increase of 16.8%, compared to $68.3 million for the first quarter 2014, due primarily to a decrease in depreciation and amortization expense, offset, in part, by an increase in non-cash share based compensation expense. Net income was $9.4 million for the first quarter 2015, compared to net income of $4.2 million for the first quarter 2014. Net cash provided by operating activities was $149.9 million for the three months ended March 31, 2015, compared to $177.2 million for the three months ended March 31, 2014. This decrease is due primarily to changes in working capital and an increase in cash interest expense. Capital expenditures were $134.9 million and $95.4 million for the three months ended March 31, 2015 and 2014, respectively. During 2015, expect capital expenditures to be approximately $480.0 million to $490.0 million, which includes $85.0 million of capital expenditures related to Operation GigaSpeed. This range could increase further with success based commercial or carrier opportunities.

Cequel Communications Holdings I, LLC to Report Q1, 2015 Results on May 01, 2015

Cequel Communications Holdings I, LLC announced that they will report Q1, 2015 results at 10:00 AM, US Eastern Standard Time on May 01, 2015

Similar Private Companies By Industry

Company Name Region
Marketing Associates, LLC United States
Ackerman Marketing, Inc. United States
ION Media of Tampa, Inc. United States
Juno Baby, LLC United States
DemandG, LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 20, 2015
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Cequel Communications Holdings I, LLC, please visit www.suddenlink.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.