Paragon Cable Information
Paragon Cable was a cable system based in Minneapolis, Minnesota and was owned by Houston Industries.
Beginnings
Formed in the 1980s, Paragon Cable was the largest cable provider in Minnesota with 177,100 subscribers in the Twin Cities and South Central Minnesota. In the latter years, it has expanded to serve other states, such as California, Oregon, Florida and Texas.
Time Warner merger
In 1995, Houston Industries, Time Warner, and KBLCOM, Inc. inked an agreement, in which Time Warner Cable would acquire all assets of Paragon Cable and the entire stock of KBLCOM.[1] The deal was finalized in 1999 and all of the Paragon assets were transferred into Time Warner's portfolio, however some headends (like one in Irving, Texas) kept Paragon Cable's verbal ident until late 2000. As for the assets in Florida, they were spun off in 2002 to a new company, Bright House Networks. Some former Paragon systems, such as in Oregon and Texas, would later be sold or swapped to AT&T Broadband, whom in turn sold it to Comcast in 2003. Coincidentally, the North Texas cluster formerly served by Comcast was swapped back to Time Warner Cable in August 2006.
References
- ^ Parent company of Paragon Cable Minnesota announces strategic alliance with Time Warner Inc. - AllBusiness.com (released January 27, 1995)
Categories:
- Time Warner Cable
- Defunct telecommunications companies of the United States
- Companies established in 1980
- Companies disestablished in 2000
- Defunct companies based in Minnesota
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