Charter-New York Dispute Could Hurt Masters, Agents
The 2112 Group’s Larry Walsh said a battle of wills is taking place between Charter Communications and New York State.
The 2112 Group’s Larry Walsh said a battle of wills is taking place between Charter Communications and New York State.
The new Spectrum Business Enterprise Solutions site offers content and information about solutions across a variety of industries.
Netflix’s support for the merger is tied to its interest in limiting the number of commercial arrangements in which it has to pay to exchange traffic with ISPs.
The planned stock-and-cash acquisition of Time Warner Cable (TWC) values the cable company at $78.7 billion, Charter said, and was announced just weeks after Comcast Corp. pulled out of a $45.2 billion deal to acquire TWC in the face of resistance from federal regulators.
Andrew Pryfogle, senior vice president of cloud transformation for Intelisys, tells Channel Partners that consolidation in the cable industry is a positive development. Here’s why.
Comcast and Time Warner Cable are the main incumbent cable competitors that battle for business throughout the footprint of ITTA’s membership.
Comcast is proposing to sell 1.4 million of its cable television subscribers to Charter Communications Inc. for $7.3 billion in an effort to get approval for its proposed merger with Time Warner Cable.
Reportedly, Charter didn’t even give TWC a specific number, just a proposal of "low $130s" per share.
One of the hottest rumors of late 2013 became reality today when Charter Communications made a bid to buy Time Warner Cable its larger rival by more than double its size for $61 billion, or about $132.50 per share.
The cash-and-stock deal would total about $38 billion.
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