JULY 27, 2011 - Mediacom

 
 

Visitors
Doyle Purvis

Program - Mediacom
Paul Pecora – Senior Manager of Area Operations - Mediacom
Scott Richardson – Mediacom Business Service Group

Mediacom’s Chairman, Rocco Commisso, founded the company in 1995. He took the company public in 2000 and proceeded to grow Mediacom into the 8th largest cable provider in the <st1:ST1:ST1:COUNTRY-REGION w:st="on"><st1:ST1:ST1:PLACE w:st="on">US</st1:ST1:ST1:COUNTRY-REGION>.  With its corporate offices in <st1:ST1:ST1:CITY w:st="on">Middletown, New York, it is primarily a Midwest operator with 4,000 employees in 22 states. Mediacom is the leading provider of advanced broadband services to more than 1.3 million customers in 1,500 small cities and towns across <st1:ST1:ST1:COUNTRY-REGION w:st="on"><st1:ST1:ST1:PLACE w:st="on">America</st1:ST1:ST1:COUNTRY-REGION>.

 

In March 2011 Rocco purchased all of the public shares and took the company private. Rocco’s aggressive upgrading of assets in order to provide higher levels of service was being stifled by the way the company was being valued by Wall Street. Privatization was the way to gain better control over the continued growth of the company. 

 

Mediacom has a number of community service programs.
  

  • Cable in the Classroom is one such program in support of education. As a free service, schools can sign up to put cable service in the classroom; and incorporate educational programming, such as the Discovery Channel, into their curriculum. 

  • The World Class Scholarship Program is another Mediacom program providing high school students with scholarships to be used to continue their education. Fifty $1000 scholarships were awarded this year.

The company’s focus has been to continue to upgrade and expand its fiber based network in order to deliver the highest speed and bandwidth to their customers. These upgrades are the groundwork for delivering the high tech advanced services that are emerging in the market.

 

Because of this speed and bandwidth, all of their customer's communications needs can be met with one line to the home or business … High Speed Internet, Digital Video / Television and Telephone. And all of these services may be controlled and coordinated with a computer.

 

Ultimately, the coordination of all of one's communications needs will allow for a host of new products. For example, phone calls may be displayed on your television … and you’ll be able to pause the program and take the incoming call right through the television interface.