Time-Warner Cable


Altice ‘looking at Charter bid’

Altice and its US offshoot Altice USA are in the initial stages of putting together an offer to acquire number two US cable operator Charter Communications, according to various reports. According to CNBC, which first reported the move, citing unnamed sources, Altice is working with banks to finance a possible deal, which would involve a […]

Intelsat adopts new structure and hires TWC exec for media

Intelsat has reorganised its management team with a new structure based on its three core business areas, and three new leadership appointments covering broadband, mobility and media businesses respectively. The media business will be led by Robert Cerbone, who is joining the company from Time Warner Cable, where he most recently served as vie-president and […]

AT&T and DirecTV facing legal threat over information sharing

The US Department of Justice is taking legal action against DirecTV and its new owner AT&T “for acting as the ringleader of a series of unlawful information exchanges between DirecTV and three of its competitors”. The action relates to negotiations with SportsNet LA, holder of exclusive broadcasting rights to the games of baseball team the […]

Time Warner Cable: TV viewing is ‘here to stay’

Television “is here and it’s here to stay”, with ad dollars actually now starting to move back from online to broadcast, according to Time Warner Cable Media executive Phyllis Ehrlich. Speaking at TV Connect this morning, Ehrlich, who is senior vice-president, chief client solutions officer, said: “being at the conference for the last three days […]

Charter’s US$78bn TWC takeover gets greenlight

One of US cable’s biggest-ever merger is set to go ahead after the antitrust regulators okayed Charter Communication’s US$78 billion takeover of Time Warner Cable. The Department of Justice said it had permitted the deal, and Charter’s related US$10.4 billion acquisition of Bright House Networks from Advance/Newhouse Partnership, with conditions. Comcast was stopped from buying […]

Dish in coalition to spike Charter acqusition

Dish Network has joined a coalition that aims to stop Charter Communications’ big-money acquisition of Time Warner Cable. The Stop Mega Cable Coalition comprises 13 bodies, including AT&T-owned cable firm Dish, public interest groups, the Writers Guild of America (East and West) and a telecoms-broadband association. One effect of the deal would be to threaten […]

US pay TV providers lose 470,000 subs in Q2

The 13 largest pay TV providers in the US, representing roughly 95% of the market, lost around 470,000 net video subscribers in the second quarter, according to new research. The Leichtman Research Group study found that the subscriber drop-off widened from a loss of around 305,000 video subscribers in Q2 2014, with satellite TV providers […]

Cablevision stocks rise on Altice interest

US MSO Cablevision’s shares spiked at the end of last week after cable and telecom investor Patrick Drahi told the Wall Street Journal that he was interested in acquiring companies including Cablevision and Cox Communications to expand Altice’s US presence. Cablevision’s stock rose by 9% on the report. Drahi was named as potentially interested in […]

Drahi “not ready” for TWC deal, but plans further US expansion

Altice boss Patrick Drahi has said he was “not ready” to make a bid for Time Warner Cable as part of his international expansion plans after a two-hour discussion with Time Warner Cable CEO Bob Marcus. Speaking at a French national assembly hearing yesterday, Drahi said such a large acquisition was a step too far […]

Malone trumps Drahi to strike merger deal with Time Warner Cable

Cable magnate John Malone-backed US cable operator Charter Communications has struck a deal to merge with Time Warner Cable and acquire US number six cable operator Bright House Networks in a deal that values Time Warner Cable at US$78.7 billion (€71.6 billion).  Charter is to pay US$195.71 a share, representing a premium of about 14% […]

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