The wire services have a number of stories about Charter Communications filing for bankruptcy today. Or, as they put it so elegantly on their web site:
Charter Communications Commences Previously Announced Pre-Arranged Financial Restructuring. (”I planned to fall down and I did. Now stop looking at me.”)

There’s no word yet on how or if the restructuring will affect Charter subscribers or contracts with Worcester or area communities. Charter serves approximately 30 communities in Massachusetts.

• Charter Files for Bankruptcy in Reorganization Effort
• Charter Says Bankruptcy Won’t Affect Speed Upgrades
• Charter Braces For Lender Fight Over Bankruptcy Plan
• Charter bankruptcy big debacle for Paul Allen

Oh, by the way, CNN Money also notes that Charter also had a poor customer service reputation that it has had to work hard to overcome.