Mediacom

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For the WPP Group company, see MediaCom.
Mediacom Communications Corporation
Private
Industry Telecommunications
Founded July 1995 (1995-07)[1]
Founder Rocco B. Commisso[1]
Headquarters Blooming Grove, New York, USA
Area served
Primarily Midwest, Southeastern United States
Key people
Rocco B. Commisso (Chairman, CEO, majority shareholder)[1]
Products Cable television, Broadband Internet access, Cable telephony
Revenue Increase$1.460 Billion (2009)[1]:37
Increase$299.761 Million (2009)[1]:37
Increase$744.067 Million (2009)[1]:37
Total assets Increase$3.977 Billion (2009)[1]:37
Total equity Increase$268.028 Million (2009)[1]:37
Owner Rocco B. Commisso (87.2% vote)[1]:32
Number of employees
4,500 (2009)[1]
Subsidiaries Mediacom LLC
Mediacom Broadband LLC[1]:26
Website http://www.mediacomcable.com
Mediacom Communications Corporation

Mediacom is a cable television and communications provider in the United States. Founded in July 1995 by Rocco B. Commisso,[1] it serves primarily smaller markets in the Midwest and Southern United States. Formerly a publicly traded firm, it went private in a $600.0 million transaction in March 2011 and is, as of 2011, owned by CEO Rocco B. Commisso.[2]

Coverage[edit]

Mediacom offers service in 21 states.[3] About 55% of Mediacom's subscription base is in the 60th through 100th ranked television markets. It is the largest cable company in Iowa and second largest in Illinois.[1]

Examples of cities with Mediacom service include Albany, Columbus, Tifton and Valdosta in Georgia; Iowa City, Cedar Rapids and Des Moines in Iowa; Columbia, Jefferson City and Springfield in Missouri and the Quad Cities on the Iowa/Illinois border. Mediacom also serves outlying areas on the Florida Gulf Coast and around Minneapolis, Minnesota.[1]:7

The Mediacom annual report describes Mediacom as the eighth largest cable company, with 1,238,000 basic subscribers at the end of 2009;[1]:5 the National Cable & Telecommunications Association ranks Mediacom as the 12th largest as of March 2010, with 1,234,000 subscribers.[4] Of 2,800,000 "homes passed" (places where Mediacom service can be ordered), 44% of have subscribed to basic cable with Mediacom, and 27.8% have subscribed to Mediacom Internet service. Of homes with basic cable, 54.8% also have "digital cable" service. Counting basic cable, digital cable, high-speed data, and cable telephony as separate revenue, Mediacom had 2,981,000 revenue generating units (RGUs) at the end of 2009.[1]:6 52% of customers had at least two of video, Internet, and phone from Mediacom, and 18% had all three; over the previous five years, video grew from 80% of Mediacom's revenue to 64%.[1]:7

Sports[edit]

Mediacom broadcasts local sports programming on its Connections channel, MC22, along with a simulcast of ESPNEWS. The Big Ten Network is officially carried by Mediacom in Big Ten states as of August 30, 2008. Mediacom does carry the NFL Network as of 1 September 2011. Mediacom does not carry NHL Network, MLB Network or NBA TV or Tennis Channel.

Reputation[edit]

In a survey conducted by Consumer Reports magazine in 2012, Mediacom is the worst cable provider in the country according to the 50,000 people polled.[5]

The September 28, 2012 edition of PC Magazine named Mediacom one of the nation’s top 15 fastest Internet Service Providers. [6]

The Des Moines Business Record in its 2012 Best of Des Moines issue gave Mediacom the top award for Best Local Internet Service Provider and Best Company Use of Social Media. [7]

As reported in the Chicago Tribune, July 19, 2012, in July 2012, Mediacom was named by the FCC as one of the nation’s top 4 Internet service providers when it comes to delivering advertised speeds to consumers. [8]

The February 2010 issue of Consumer Reports ranked Mediacom amongst the worst cable companies in the United States: 15th of 16 in TV service, 24th of 27 in Internet service, and last of 23 in phone service, based on surveys.[9][10] The deepening of this trend was affirmed in the June 2012 issue of Consumer Reports, in which Mediacom was identified as the worst-rated company in the United States regarding TV service, phone service and bundled telecom services, and third worst-rated in regards to satellite Internet service. [11]

References[edit]

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