Time Warner Plans Denver Pullout

Author:
Publish date:

More bad news for Denver, the one-time 'capital of cable' -- Time Warner
Cable is closing down its corporate-services division there and transferring
employees to the East Coast.

The MSO called a meeting Wednesday to talk about the plan, which will affect
about 200 engineering, support, legal, human-resources, financial, design and
construction positions.

Time Warner is moving most of its Denver-based corporate services to
Charlotte, N.C., where it has a major cluster and operations. Some of the
engineering positions will be moving to Herndon, Va., home of Time Warner's Road
Runner high-speed Internet-service provider.

The fact that Denver is not a market for Time Warner played into the decision
to move.

'We are undertaking this move to establish a stronger connect between our
corporate and divisional operations, to realize certain cost efficiencies and to
gain advantages from placing certain corporate-service functions alongside our
operating systems,' Time Warner spokesman Mark Harrad said.

But Time Warner won't completely exit the 'Mile High City.' Its national
division -- which oversees the MSO's smaller, unclustered cable systems -- will
stay put for the time being. The MSO plans to have the shift completed by the
end of the year.

With this move and AT&T Broadband's proposed merger with Comcast Corp.,
there will be little corporate cable presence left in the Denver metro area,
home of the new National Cable Center and Cable Television Laboratories
Inc.

Related