Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Time Warner Cable Inc. (TWC - Analyst Report), the second-largest cable MSO (multi service operator) in the U.S., has decided to expand its data center base in Centennial, Colo. The project will involve an investment of $85 million. The new national data center is expected to enhance Time Warner Cable’s storage and application facility by 75%.

The 170,000 square feet center holds 1,600 million of equipment and is capable of supporting 6,400 kilowatts of critical load. The cable MSO has already allocated 70 employees to the new facility and will have 400 staff, once the data center is fully operational.  

Some of the major functions of the data center include supporting 70 million residential emails, handling the billing records of 15 million customers and backend operations of Time Warner Cable’s employees.

The new data center is second of its kind after the company opened a similar center last year in Charlotte, NC at a cost of around $82 million. The two data centers will complement each other and will provide uninterrupted services to residential and business customers.

Major cable MSOs are expanding their data center bases to meet the high demand of video and IP (internet protocol)-based services. Data centers allow MSOs to manage huge amount of data and contents from a central location. Time Warner Cable’s main rival, Comcast Corporation (CMCSA - Analyst Report), has been continuously expanding its data center base and has also set up facilities at Atlanta, Philadelphia, Chicago and North Carolina.

Post completion, the new data center is expected to generate around $11 million in revenues. The new facility will also provide Time Warner Cable with the flexibility to deploy digital products and services at a much faster pace, thus enriching the customer experience.

Time Warner Cable carries a Zacks Rank #3 (Hold). Among the other companies in the industry, Telus Corp. (TU - Analyst Report) and Charter Communications Inc. (CHTR - Snapshot Report) with a Zacks Rank #2 (Buy), is a better option for the investors.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ANI PHARMACE ANIP 29.38 +14.99%
ATLAS FINANC AFH 14.65 +2.85%
ZIOPHARM ONC ZIOP 3.44 +2.08%
ALLIANCE FIB AFOP 17.66 +1.96%
FEDERATED NA FNHC 20.26 +1.96%