Charter Communications has confirmed it plans to acquire of Time Warner Cable, a deal that if approved would create the second-biggest cable operator in the U.S.
Time Warner Cable
Charter wins Time Warner with $55 million bid...Jony Ive moves upstairs at Apple... Sharp shows off its slow-mo phone...and more tech news.
Charter Communications is said to be near a US$55 billion acquisition of Time Warner Cable, a deal that would create a broadband powerhouse in the U.S.
Buying one slick connected device after another until you have a smart home sounds cool, but things may not work out that smoothly.
Consumer groups are cheering the news that Comcast abandoned its proposed US$45 billion acquisition of fellow cable and broadband provider Time Warner Cable, saying it's good for customers and demonstrates the power of Internet activism.
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