Lenfest Communications, Inc. - X.LFC- Profile

Lenfest Communications, Inc.. Comcast LCI Holdings, Inc. (formerly known as Lenfest Communications, Inc.) develops, manages and operates broadband cable networks through its subsidiaries. The basic service package consists of local off-air broadcast channels and public service/access channels. The cable programming services include satellite delivered networks such as ESPN, MTV, CNN, The Discovery Channel and USA Network. The premium services include HBO, Cinemax, The Movie Channel and Showtime. The company also provides converter boxes and remote controls on rent basis. The company acquired 55% of Raystay in 1999. During the year the company purchased an additional 71% of Videopole and later sold its entire interest. The company has incurred $1.8 million as year 2000 expenses till the year ended 1999.