FORMERLY Mallard Cablevision LLC
THEN Blackstone Cable
Santee - 800-753-7228
Eutawville - 800-388-6577
After four months in bankruptcy court, Mallard Cablevision LLC called it quits, agreeing to sell its systems in two separate deals for a total of $26 million. The sales will not come close to paying off all of Mallard's creditors: The company listed liabilities of $63 million when it filed for Chapter 11 bankruptcy protection in May. The largest equity holder - New York-based investment bank BG Media Investors - will likely be left with nothing.
According to the bankrupcty court documents, the Mallard systems are located in 175 communities in 11 states and the size of the systems range from just 15 subscribers to as many as 2,531 customers. In addition, the plant is in dire need of upgrades - it currently ranges from 270 megahertz 450 MHz in capacity, with most systems offering just 40 channels.
Some Areas have more than 20 Head-Ends to serve the properties and has not Clustered.
The remaining subscribers were purchased by LB Cable LLC, a partnership headed by Woodside Capital Partners LLC. New York investment bank Lehman Bros Inc. also is participating in the
deal. The systems will be managed by Phoenix Cable Inc., a New Jersey-based company with over 30 years experience in the cable industry.
THEN: LB Cable, LLC
MANAGED BY PHOENIX CABLE INC
Highway 243, Gordon Plaza,
Gordon, GA
SouthEast Region Headquarters
1-800-388-6577
Company Name: Phoenix Cable Inc. (San Rafael, California)
Firm Type: Private Subsidiary, Headquarters Location
(201) 825-9090
Fax: (415)485-4891
Web: http://www.phxa.com, http://www.phxa.com/cable/index.htm
Email: (-REDACTED-) , (-REDACTED-)
Year Founded: 1984
Primary SIC: Cable & Other Pay Television Services
Primary NAICS: Cable and Other Subscription Programming
Description: Communications: Cable television operator. Services: Provider of management consulting, billing, co...
NOW, "PHOENIX CABLE INC", is a Subsidiary of:
Phoenix American Companies which include:
Phoenix Leasing Portfolio Services, Inc.
– Lease and loan portfolio services for equipment lessors, vendors and banks
Phoenix American Financial Services, Inc.
– Outsourcing (tax, accounting and investor services)
Phoenix American SalesFocus Solutions, Inc.
– Sales force automation and customer relationship management software
Phoenix Cable Incorporated
– Cable television system operation and management
LB CABLE ACQUIRES CERTAIN ASSETS OF MALLARD AND SUNTEL
LB Cable LLC has acquired certain assets of Mallard Cablevision LLC and SunTel Communications, it was announced recently.
The transaction represents approximately 22,000 basic cable subscribers in various communities in Montana, Wyoming, Idaho, Utah, Nevada, Oregon and California.
Assignment of SOME of the cable television franchise from LB Cable LLC to Techcore Consultants II, Inc AND Assignment of SOME from LB Cable LLC to Rapid Communications LLC.
TECHCORE CONSULTANTS III, INC.
DOMESTIC / FOREIGN: Foreign
STATUS: Good Standing
STATE OF INCORPORATION / ORGANIZATION: DELAWARE
REGISTERED AGENT NAME: THOMAS KURIEN
SC ADDRESS: 1603 BASS DRIVE
CITY: SANTEE
STATE: SC
ZIP: 29222
EFFECTIVE DATE: 02/04/2005
Oregon Effective Date 02-10-2005
California Effective Date 3/28/2005
Conneticut - Pending
PRESIDENT - THOMAS KURIEN
4001 W AIRPORT FWY STE 530
BEDFORD TX 76021
NOW ENTER TECHCORE CONSULTANTS III (WHAT about II or I)
and a Subsidary of "TECHCORE CONSULTANTS"--ALMEGA CABLE
Head Quarters
1358 Hooper Ave, Toms River, NJ 08753
1-877-7ALMEGA, 732-284-4919 (fax)
NOTE* Sytems in Dorchester County, SC HAVE ALREADY APPROVED the FRANCHISE CHANGE from LB CABLE to ALMEGA CABLE with an increase in Franchise fees(tax) to the county.
ALMEGA CABLE is a
Subsidiary of Techcore Consultants, proven leader since 1986 with diverse and long term experience with Cable TV, Internet Services, Coaxial Cable Systems, Satellite Systems, Fiber
Optic Networks, Wireless Systems and Retail Development Centers. Experienced and dedicated management teams with over 80 years of professional experience with Network providers,
development groups, and service areas. Also, operating Franchise Cable Services in Oregon and many Private Cable Operation in New Jersey and Connecticut. Recently, acquired Franchise Cable System in California and rapidly expanding to many different parts of America.
On March 2, 2004, LB Cable filed a request for
temporary waivers of the EAS requirements for the recently
acquired small cable systems in rural Georgia and Montana,
asserting that the cost of immediate installation of EAS
equipment in the 20 systems would cause financial hardship. LB
Cable states that it began operating the subject systems on the
day that it acquired them in a bankruptcy sale on February 2,
2004, and, therefore has not had enough time to generate
sufficient revenue to purchase and install EAS equipment at this
time. Based on price quotes from EAS equipment manufacturers, LB Cable estimates that it would cost approximately $200,000 to
purchase and install the EAS equipment at the 20 headends. LB
Cable asserts that without the requested waivers, it may have to
delay or cancel its plans to upgrade and interconnect the 20
headends which would delay or eliminate the delivery of broadband services to over 8,900 rural subscribers. Finally, LB Cable contends that subscribers will continue to have ready access to national EAS information from other sources, including its cable system and over-the-air reception of broadcast television and radio stations.
Based on our review of the information submitted by LB
Cable, we conclude that temporary waivers of section
11.11(a) of the Rules for the 20 cable systems listed in
Attachment A, are warranted. In particular, we find
that the estimated cost of $200,000 to purchase and
install EAS equipment at these recently acquired cable
television systems could impose a financial hardship on
LB Cable.
Accordingly, IT IS ORDERED that, pursuant to sections
0.111, 0204(b) and 0.311 of the rules,10 LB Cable LLC's
request for temporary waivers of section 11.11(a) of the
rules is GRANTED until October 1, 2005, for its 20 cable
television systems
Abbeville, Georgia
Allentown, Georgia
Dry Branch, Georgia
Dudley, Georgia
East Dublin, Georgia
Gordon, Georgia
Guyton, Georgia
Newton County, Georgia
North Baldwin, Georgia
Port Wentworth, Georgia
Rentz, Georgia
Rochelle, Georgia
Sparta, Georgia
Wrens, Georgia
Big Sky, Montana
Culbertson, Montana
Plentywood, Montana
Poplar, Montana
Scobey, Montana
West Yellowston, Montana
Suntel Communications ..........1-800-388-6577
SO THE SHORT ANSWER TO YOUR QUESTION IS PROBABLY---
technically was TECHCORE CONSULTANTS III for some
point in time as this for now is the Legal Entity
in South Carolina, but Eventually if already not under way
ALMEGA CABLE INC.
Re: CABLESPY - Current. Company of system
There is 1 reply to this message