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Brand of the Day: Charter Communications & 5 things to know about its plans for Time Warner

on May 26, 2015 | 0 comments

By Nesh Pillay

Today we feature the Charter Communications. The cable provider has agreed to purchase Bright House Networks and Time Warner Cable – a much larger rival – in a deal worth $78.7bn.

1) Who is Charter?

Charter Communications is currently the fourth largest cable provider in the US, following Time Warner, Comcast and Cox Communications. It services about 7 million customers in 29 states. It was born in St. Lois and is backed largely by billionaire and media mogul, John C. Malone.

2) Long-standing desire to acquire Time Warner

Charter has shown interest in purchasing Time Warner for many years. Its chief executive (CEO) Thomas Read full story ›

Source: The Drum