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CenterFuse Broadband Feasibility Report Expanded— 198 channels $89.49 Rates were increased by $6 per month in 2019. Home Security The company sells and installs SimpliSafe home security systems. Incumbent Cable Company Charter (Spectrum) Communications is the second largest cable TV company in the country with 28.1 million broadband customers and 16.2 million cable TV customers at the end of the third quarter of 2020. Charter had revenues of almost $46 billion in 2019. The company reached its current size after the 2016 acquisition of Time Warner Cable and Bright House Networks. The company has rebranded its triple-play products as "Spectrum." Charter was founded in 1993 and got its start as a cable company in 1995 when it acquired Cable South. Paul Allen, one of the founders of Microsoft, bought a controlling interest in the company in 1998. The company continued to grow through acquisition, buying a dozen smaller cable systems over the next decade. The company went through a bankruptcy in 2009 and was able to walk away from $8 billion in debt, with the majority of the equity in the company going to Apollo Management. Charter announced in late 2017 that they were partnering with Comcast in some markets to be able to provide cellular phone products. Charter says they have upgraded all of their systems nationwide to a new technical standard, DOCSIS 3.1. This technology from CableLabs allows bonding of an unlimited number of spare channel slots for broadband. This will allow the company to increase data speeds and market a gigabit data product. A gigabit data path requires roughly 24 channels on a cable network using the new DOCSIS protocol. Along with the introduction of gigabit broadband the company announced across-the-board speed increases for upgraded markets. They announced that the target speed of their base broadband produce will now be 200 Mbps. This is an increase from 100 Mbps. However, there are many markets like Ellensburg where Charter is not able to deliver the target speed to everybody. While Charter is a giant company,their pricing structure is one of the simplest in the country. Broadband Pricing The company currently has only two broadband products. As mentioned above, the base product ranges in speeds in various markets between 60 Mbps and 200 Mbps. They also now have a gigabit product in some markets. Broadband Charter Basic Internet(Standalone) Regular Price $74.99 Activation Fee $49.99 Page 55