TCI

Tele-Communications Inc

Tele-Communications, Inc. (TCI), a major cable television provider, completed a $185 million capital raise in the form of a private debt placement. The private placement was managed by members of the Aaron Capital team.

About Tele-Communications, Inc.

Tele-Communications, Inc. (TCI) was a cable television provider in the United States, for much of its history controlled by Bob Magness and John Malone.

The company came into being in 1968, following the merger of Western Microwave, Inc. and Community Television, Inc. It was the largest cable operator in the United States at one time.

After going public in 1970, the company grew rapidly, and became the top cable provider in the United States. After a failed merger attempt with Bell Atlantic in 1994, it was purchased in 1999 by AT&T, whose cable television assets were later acquired by Charter Communications and then Comcast Corporation.