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Secom has a solid balance sheet and strong ability to generate free cash flow, Mr. Gabelli said, and its subscriber base is growing rapidly.
Two years ago, its subscriber base, currently at 1,400, increased by half.
With 54 million subscribers, it is more than 30 million short of ESPN's subscriber base.
The deal adds 48,500 subscribers, bringing Charter's total Michigan subscriber base to about 600,000.
"Our subscriber base is very conservative," Mr. Capasso said.
The company will not release figures on its subscriber base.
"We multiplied our subscriber base by 2.5 in one year.
Nevertheless, the subscriber base has been growing about 10percentt a year.
Both companies gained around 9m more subscribers over the past year, equivalent to the entire broadband subscriber base of Verizon.
BSkyB now has a total subscriber base 9.77m.
Willcom subscribers have fallen steadily since 2007, while DoCoMo, KDDI and Softbank have continued to boost their subscriber base.
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