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By Todd Martin
Some Kentucky residents could soon be seeing information from Time Warner Cable showing up in their mailboxes.
On Wednesday, Feb. 1, the Federal Communications Commission approved the sale of Insight Communications, the cable provider for Carroll County and the largest provider in the state, to Time Warner Cable.
“The proposed merger has a tremendous amount of momentum right now,” Insight spokesman Jason Keller said. “It’s been approved by more than two hundred regulatory commissions, including the FCC now, and it’s closer to finishing.”
The FCC approved the $3 billion deal, which was announced in August, and said it would not lessen competition but could even improve the market for customers. The decision cited Time Warner’s broader footprint, greater efficiencies, scale and scope as providing stronger competition for phone businesses, like AT&T.
Keller said the switch won’t surprise anyone.
“Things are definitely on track to be completed by the end of the first half of the year,” he said. “But there has been no closing date set.
“Once a date is set, customers can be assured that Time Warner will communicate with them every step of the way on changes they could see or need to be aware of.”
Keller also noted that in the short term, Insight customers can expect no changes.
Currently, Insight Communication is the largest cable TV provider in Kentucky and serves more than 750,000 customers in Kentucky, Indiana and Ohio. It has more than 530,000 high-speed Internet users, almost 680,000 video users and almost 300,000 phone subscribers. It’s the ninth largest cable company in the nation.
Time Warner is the second largest cable provider in the country and second largest in Kentucky. The company currently has 14 million customers.
“They are the primary provider in New York City and Los Angeles and countless cities and towns in between,” said Keller. “They offer a full compliment of services, just like Insight.”
Comcast Cable is the largest company with about 22.5 million customers.
“Time Warner is already familiar with the commonwealth and its communities,” Keller said.
Across the state, Time Warner currently serves Owensboro, Ashland, areas surrounding Lexington and parts of southern and central Kentucky. Meanwhile, Insight has been serving Louisville, Lexington, Northern Kentucky and parts of Western Kentucky.