Date: 28.04.2014 | 16:52:52

DealBook: Charter Reaches Deal With Comcast for Subscribers

Charter Communications on Monday announced a series of deals with its fellow cable operator, Comcast, that would bolster its subscriber base. The three-par

Charter Communications on Monday announced a series of deals with its fellow cable operator, Comcast, that would bolster its subscriber base. The three-part plan, which was announced along with Charter’s first-quarter earnings, will allow the cable company to expand from its current largely regional presence to become the country’s second-largest cable operator. The agreement is contingent on Comcast completing its acquisition of Time Warner Cable, which is currently the second-largest cable operator after Comcast. Charter had been trying to acquire Time Warner Cable before Comcast swooped in with a surprise $45 billion bid. In …DealBook: Charter Reaches Deal With Comcast for Subscribers
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