**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in Q1 2014.**
The sale would increase Charter’s customer tally from 4.4 million to 5.7 million, making it the second-largest U.S. cable company once the Comcast-TWC merger is complete, USA Today reported.
The divestiture plan would take effect after the merger closed. Comcast and Charter would also swap about 1.6 million TWC customers and 1.6 million Charter customers in what’s being referred to as a “tax-efficient like kind” exchange. Charter would then acquire one-third of a publicly traded spin-off company with about 2.5 million current Comcast customers of which Comcast would own two-thirds.
Ultimately, the deals would put Comcast’s managed residential subscriber base below 30 percent of total cable TV subscribers nationwide, a number that could be more enticing to regulators who will decide the merger’s fate. The wheelings and dealings would leave the combined Comcast-Time Warner Cable with about 30 million customers, still making it the largest cable operator by far, just not dwarfing the competition by quite as much.
The two cable giants have argued that their merger should get the green light in part because they don’t directly compete against one another for residential customers in major markets.
The deadline to enter Channel Partners Digi Awards is less than a month away. Don’t miss your opportunity to be rec… twitter.com/i/web/status/1…
January 18 2019 @ 17:55:05 UTC
Don’t miss your chance to enter the Digi Awards, Channel Partners newest awards program recognizing partners delive… twitter.com/i/web/status/1…
January 17 2019 @ 18:50:04 UTC