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If you have a home security question, chances are, we have the answer. Article Source:https://EzineArticles. com/expert/Fraser Wheaton/69173Ascent Capital Group Inc. reported that the company is confident, based on the support agreement reached with its
largest creditors, that it will be able to meet its financial commitments and otherwise continue to operate its business as usual throughout the restructuring period, including paying its employees, dealers and suppliers in the normal course of business and providing home security to all of its customers. As part of the anticipated chapter 11 process, the company has secured a commitment for $245
million in debtor in possession DIP financing that will be replaced by $295 million in exit financing at the completion of the reorganization. The support agreement contemplates that all trade claims whether arising prior to or after the commencement of the voluntary chapter 11 cases will be paid in full in the ordinary course of business, and that the company will continue operating its business without disruption to its customers, vendors, partners or employees.
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This industry report provides a thorough analysis of the European market for IP based home systems and management services and examines business models for utilities, service providers, and security companies. "Adoption of broadband and connected devices provides conduits for many new applications into the home and different means to connect with consumers," said Tom Kerber, Director, Research, Home Controls and Energy, Parks Associates. "Overall, European consumers rank traditional security capabilities high among their preferred connected home features, followed by energy management features. The diversity of consumer preferences among European countries opens the market for different business models and channel strategies. "The report notes
that energy management is very popular in Denmark, where electricity costs are high. In the U. K. , security and home monitoring are popular entry level features among consumers. Service providers can offer home controls solutions directly to the consumer or offer the services to a partner such as a utility or OEM, which then provides the service to consumers. Multiple telecoms are launching home controls solutions, using a
variety of business models. Deutsche Telekom is investing in energy specific service platforms, with partners including Miele, Samsung, and digitalSTROM.
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