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




