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Jones Intercable

From Wikipedia, the free encyclopedia

Jones Intercable
Industry Cable television
Fate Acquired by Comcast
Successor Comcast
Founded 1970
Defunct 1999
Headquarters Georgetown, Colorado, USA
Key people
Glenn Jones

Jones Intercable was a cable television company founded by Glenn R. Jones in 1970. Jones, already a cable television veteran, had bought his first cable system in Georgetown, Colorado after taking a $400 loan on his Volkswagen.[1]

The company expanded rapidly and by 1994 had 1.4 million subscribers.[1]

In 1993, 30% of the company was purchased by BCI Telecom Holdings, which maintained partial ownership of the cable firm until May 1998, when Comcast announced it would be buying BCI's 37% portion of the cable giant.[2]

Around September 1999, Comcast announced that it had started to buy up the company's stock. Comcast purchased almost a million Class-A shares of Jones Intercable from Jones International along with almost 3,000 from Glenn Jones himself.

This led to Comcast taking full control of Jones Intercable.

YouTube Encyclopedic

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  • Electronic Program Guide on Jones Intercable in Naperville, IL on 10/12/87
  • Prevue Guide on 12/12/1988 - Naperville, IL
  • NCTV Channel 17 Naperville, IL Program Schedule 4/11/89 Jones Intercable

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References

This page was last edited on 23 October 2018, at 11:27
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