Time Warner Cable completes its $3 billion takeover of Insight Communications
Time Warner Cable announced Wednesday that it has completed its $3 billion purchase of Insight Communications , a cable, internet and telephone provider which serves Evansville, Henderson, and several other Tri-State communities. “Today we are pleased to welcome new customers, new employees and new communities to Time Warner Cable,” said Glenn Britt, Chairman and CEO of Time Warner Cable. “With this acquisition, we have expanded in areas that fit well with our Midwest operations at an attractive price. We are excited to begin building on Insight’s successes and serving our new customers.” For the short-term, Insight's 760,000 customers in Indiana, Kentucky and Ohio, will notice no major changes to their service. New products and services will be rolled out over the next few months. As with Time Warner's rollout of its brand in the former NewWave service territories it purchased last year in Kentucky and Tennessee, it will be some time before customers see the ne