Latest On Time Warner Cable

  • AT&T Hopes History Doesn’t Repeat Itself

    Sixteen years ago, in 1998, AT&T’s then-Chief Executive C. Michael Armstrong spent close to $100 billion buying up cable companies to pursue an ambitious plan to bundle video, internet, and phone service. It did not go well. And now, with its DirecTV deal, AT&T is basically trying to do it again.

    Peter Lauria 2 months ago 3 responses

  • Dialing For Dollars

    Multiple news outlets reported Monday that AT&T is closing in on a deal to acquire DirecTV, the nation’s largest satellite TV operator, for $50 billion. The potential deal comes after years of on-again, off-again negotiations between the two companies and follows the impending $45.2 billion merger of Comcast and Time Warner Cable.

    businesspluginfeed 2 months ago respond

  • Sometimes Salvation

    After being usurped by Comcast to acquire all of Time Warner Cable, Charter Communications managed to save face by inking a deal to buy and swap some cable systems with Comcast in a complex, three-step, roughly $20 billion deal. As a result, Charter, whose biggest shareholder is cable industry pioneer John Malone, will become the second-largest cable distributor in the country, trailing only the combined Comcast-Time Warner Cable.

    businesspluginfeed 3 months ago respond

  • Center Stage

    The proposed $45 billion mega-merger between Comcast and Time Warner Cable put the spotlight squarely on Federal Communications Commission Chairman Tom Wheeler. The FCC and Department of Justice will conduct the merger review, looking at such factors as market concentration, pricing power, and broadband access, among other issues, to determine approval or rejection.

    businesspluginfeed 5 months ago respond

  • Left Out In The Cold

    Comcast’s surprise deal to acquire Time Warner Cable for $45.2 billion leaves Charter Communications, led by CEO Tom Rutledge, with few options. Charter had been pursuing Time Warner Cable for months.

    businesspluginfeed 5 months ago respond

  • Charting A New Course

    Cable company Charter Communications, in which John Malone’s Liberty Media holds a 27% stake, made an unsolicited $61.3 billion bid for larger rival Time Warner Cable. The move marked the beginning of what is expected to be a protracted battle that could reshape the nation’s cable landscape.

    businesspluginfeed 6 months ago respond