Charter Communications announced two deals Thursday that are aimed at helping it drive increased revenue from automobile advertising and telemedicine services.
Comcast has hired investment bankers at Barclays to help it evaluate a potential deal involving Time Warner Cable, Reuters reported Wednesday.
Looking to pressure Time Warner Cable management to accept its merger offer, Charter Communications said Tuesday that the nation's second largest cable MSO is losing its value as a potential acquisition target.
Cox Communications doesn't plan to submit a bid to acquire Time Warner Cable, The Wall Street Journal reported Friday, citing anonymous sources.
Three days after telling investors that it could improve subscriber retention at Time Warner Cable if it succeeds in acquiring it, Charter Communications said Friday that it recruited a former Cox Communications, Sprint and AT&T Wireless executive to oversee inbound sales and retention.
Shares in Comcast and Charter Communications dropped slightly Thursday, following a report that Charter executives approached Comcast about making a joint bid to acquire Time Warner Cable.
Cable investors who listened to Charter's conference call Tuesday afternoon might've been left with the false impression CEO Tom Rutledge walks on water, while the management team at Time Warner Cable has been asleep at the wheel for the last decade.
Charter Communications and Time Warner Cable executives have close ties, and Charter CEO Tom Rutledge is a former president of TWC. But Rutledge isn't appearing to make efforts publicly to woo TWC to accept Charter's offer to acquire TWC.
Hours after Time Warner Cable rejected Charter Communications' $62.3 billion acquisition offer, Charter CEO Tom Rutledge pleaded for TWC shareholders to push the company to accept the offer.
Charter Communications released an offer letter that it sent to acquire Time Warner Cable. TWC called the Charter bid, which would reportedly value the company at $62.3 billion, "grossly inadequate."