The return of ex-cable entrepreneurs to the business is having mixed results. The biggest player, Bresnan Communications' Bill Bresnan, is facing a sour financial market and struggling to get loans for his $735 million deal to buy systems from AT&T Broadband. Ex-Simmons Communications CEO Steve Simmons won the bidding for a group of systems being sold by RCN Corp., buying the properties for $245 million, or $3,100 per sub. RCN executives had been hoping for more but badly need the cash to meet the terms of bank loans.
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