[2] In 1999, Comcast took full control of Jones Intercable, acquiring 100 percent of the company in a deal valued around $3 billion.
Jones Intercable was being sold because "the limited partnership that has owned it for more than five years is dissolving so investors may cash out.
The Baltimore Sun called it an "important milestone" as seen by video industry experts, as the new design had a "self-healing" function to eliminate cable outages, also expanding from 53 analog channels to 87.
[11] Between 1994 and 1996, Jones spent $40 million on equipment in Alexandria, and in 1996 was giving cable service to 39,000 out of 62,000 households and businesses in the city.
[12] A deal in May 1998 to purchase some stock gave Comcast "rights to acquire control of Jones Intercable's 1.4 million subscribers and prevents anyone else from getting them.