Bresnan Communications
| Company type | Private |
|---|---|
| Industry | Cable television |
| Founded | 1984 |
| Founder | William Bresnan |
| Defunct | 2010 |
| Fate | Acquired by Cablevision and rebranded as Optimum West; later assets acquired by Charter Communications |
| Headquarters | United States |
Area served | Michigan, Minnesota, Wisconsin, Mississippi, Georgia, Montana, Wyoming, Utah, Colorado, Chile, Poland |
Key people | William Bresnan (founder) |
| Owner | Providence Equity Partners (majority), Comcast and Quadrangle Group (minority) |
Bresnan Communications was a U.S.-based cable television company established in 1984 by William Bresnan. The business began its operations in Michigan's Upper Peninsula and, over a span of 14 years, expanded its footprint into Minnesota, Wisconsin, Mississippi, and Georgia. In 1994, Bresnan extended its reach internationally by launching ventures in Chile and Poland under the name Bresnan International Partners. The subscriber base grew to 400,000 following the acquisition of cable systems from TCI. After AT&T purchased TCI, Bresnan intended to go public but was instead acquired by Charter Communications for $3.1 billion, with its U.S. cable assets integrated into Charter’s portfolio.
In 2002, Bresnan reestablished its presence by purchasing former AT&T Broadband systems in the Rocky Mountain region from Comcast for $735 million. This transaction added roughly 300,000 subscribers in Montana, Wyoming, Utah, and Colorado.
After the passing of founder William Bresnan in 2009, the majority owner Providence Equity Partners sought to sell the company; minority owners included Comcast and Quadrangle Group. By 2010, Bresnan served approximately 320,000 customers across the United States. On June 13, 2010, Cablevision acquired the company for $1.37 billion and rebranded it as Optimum West. Subsequently, in February 2013, Charter Communications purchased these former Bresnan assets for $1.625 billion.
See also
- Articles with short description
- Cable television companies of the United States
- Companies based in Purchase, New York
- Defunct telecommunications companies of the United States
- Telecommunications companies established in 1984
- American companies established in 1984
- Telecommunications companies disestablished in 2010
- American companies disestablished in 2010