Charter Buys Time Warner Cable

Charter announced today that it’s buying Time Warner Cable, with the intent to bolster its number of subscribers across the States. With the purchase of Time Warner Cable, Charter also announced that it would acquire Bright House Networks for $10.4 billion.

The three companies will form a new company under the name New Charter, and have a total customer base of roughly 23.9 million, which would place the company in second place behind Comcast’s 27 …read more

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