Charter Communications has officially announced a deal to purchase Time Warner Cable, agreeing to acquire the No. 2 cable operator for $56.7 billion in cash and stock. The deal values TWC at $78.7 billion and comes just 32 days after Comcast walked away from its own $45.2 billion agreement to purchase the company.
Altice SA's lightning-quick entry into the U.S. cable market continued through Wednesday morning, with reports swirling that billionaire Patrick Drahi's French telecom group is already in talks to buy Time Warner Cable.
Injecting a new element of complexity to a cable M&A wave that had been primarily focused on Charter Communications and Time Warner Cable, French telecom group Altice SA announced intentions to pay $9.1 billion for a controlling interest in Suddenlink Communications.
Charter Communications and Bright House Networks have agreed to go through with a $10.4 billion merger plan originally announced in late-March. The two companies announced Monday that they have extended a 30-day window to renegotiate terms.
Verizon Communications said it will purchase AOL for $50 per share, or approximately $4.4 billion. The acquisition will give Verizon a jump-start in the online advertising and video market by giving the telecom heavyweight access to AOL's technology and video content.
Could Netflix be acquired by a pay-TV giant like Comcast? Now that the merger deal between Time Warner Cable and Comcast is dead, anything can happen.
Merging the world's two largest set-top makers, Arris' $2.1 billion acquisition of Pace offers insulation from a volatile U.S. pay-TV market, as well as the unpredictable revenue streams of the disparate CPE product cycles, analysts say.
Set-top maker Arris has agreed to acquire its competitor Pace for $2.1 billion in stock and cash. The deal will provide Arris will an entry into the satellite business as well as beef up its customer base. The newly merged company will be incorporated in the U.K. but its headquarters will remain in Suwanee, Ga.
Online video provider Dailymotion, one of the strongest competitors in the user-generated content market dominated by providers like Google's YouTube and Amazon-owned live-streaming service Twitch, could be a Vivendi property soon if a takeover bid made by the media giant holds.
Nearly 10 months after it was originally proposed, AT&T's $49 billion purchase of DirecTV could be finally about to close. In a note to investors Monday, Morgan Stanley analyst Simon Flannery said the next few weeks will be "action packed" for the deal, and that its regulatory approval is "imminent.