Industry | Cable television |
---|---|
Founded | 1970 |
Defunct | 1999 |
Fate | Acquired by Comcast |
Successor | Comcast |
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 it had 1.4 million subscribers.[1] In 1995, the company was 30 percent owned by Bell Canada International.[2]
In 1999, Comcast took full control of Jones Intercable, acquiring 100 percent of the company in a deal valued around $3 billion.[3]