Skip to Content

Great gifts for geeks, hand-picked by Download Squad
Holidash Blog
AOL Tech

Posts with tag SellOff

Comcast looking to sell outlying markets

ComcastTimes are tough aoul over, and even cable giant Comcast isn't immune to a little tightening of the belt. Word coming out of Maine is that Comcast is looking to sell 46 of the markets on the outskirts of its footprint, mostly in Maine, Kentucky, Louisiana, New Mexico, Virginia, Georgia, West Virginia and California. The move is about more than just the monies that will be generated by selling off its subscriber eyeballs, though. At a going rate of $3,000 - $4,500 per subscriber, that's not an insignificant chunk of change, either. By geographically concentrating its service areas, it should be cheaper to deliver services, including the all-important "triple play." If you're affected by this selloff, we're hoping your HD lineup won't suffer for it.

Hitachi unsurprisingly looks to sell stake in CRT operations


Not even a month after Hitachi announced that it would be axing production and sales of RPTVs in North America, the firm has followed up by stating its intentions to sell its entire stake in a Chinese joint venture that produces CRTs. More specifically, the firm will offload its 25-percent stake in Shenzhen SEG Hitachi Color Display Devices to a local investor for 175 million yuan, or around $24 million. Reportedly, the company will be focusing the newly-freed resources on "growth areas such as plasmas," but that doesn't exactly jive with Hitachi's previous viewpoints on the generally shaky PDP market. Nevertheless, we can't say that we're shocked to hear of this exit, but so long as we're headed onwards and upwards, you won't find us tearing up over the loss.




    AOL News

    Other Weblogs Inc. Network blogs you might be interested in: