Items tagged with (NASDAQ:CHTR)
In today's work from home climate, a reliable internet connection is more important than ever. From logging in to corporate networks and remote meetings from home, to kids trying to access online assignments while simultaneously joining in on Google Meet/Zoom sessions, high-speed internet is now of even greater...
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For a long time, cable and satellite TV providers had customers in a vice grip. If someone wanted to watch premium channels, it was cable/satellite TV or bust. Like so many other things, the internet changed the game, and these days an increasing number of people are cutting the cord, as they say. With more streaming...
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For a long time, big cable companies like Charter and Comcast were trying everything to prevent cord cutters from ditching cable TV programming packages and going with internet-only offerings. Those times have passed as the big cable companies, who are also often the only broadband internet providers in an area, have...
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Cable and satellite TV providers are losing customers, and it's not because any of the services are lacking in content. That is not the issue. Instead, an increasing number of customers are 'cutting the cord' and going with one or more streaming services. The primary reason for going that route is because streaming...
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Charter Kicked Out Of New York Over Inadequate Spectrum Internet Deployments And Willful Obfuscation
Back in March, we brought you word that Charter was skating on thin icewith the State of New York for allegedly lying about Spectrum broadband deployments, and not living up to its promises to expand rural broadband as part of its 2016 merger with Time Warner Cable. Because of these misdeeds, the New York State Public...
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There is a lot of turmoil going on in the cable TV market right now, with plenty of shakeups taking place. The wild swings in the marketplace and rise of companies like Amazon, Google, and Facebook with regards to video delivery is precisely why AT&T is looking to hook up with Time Warner to better compete.
Quarterly...
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In the latest case of cable companies behaving badly, Charter has come under fire from the New York State Public Service Commission. Charter has been on a mission to expand its nationwide footprint, and to do so, it reached agreements to acquire both Time Warner Cable and Bright House Networks earlier decade.
In...
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The only people who think data caps are a good things are the ISPs that make huge amounts of money by charging customers each month for overages. While ISPs with data caps are in the minority, new research from a company called BroadbandNow has surveyed every internet provider out there and found that out of all the...
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The people of New York state are taking Charter to court. New York Attorney General Eric Schneiderman’s office is suing Charter-owned Spectrum (previously Time Warner Cable) for knowingly failing to live up to its promise of ‘blazing fast’ and ‘super reliable’ service. Schneiderman remarked, “The allegations in...
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Nearly a year ago, federal regulators approved Charter’s bid to purchase rival telecom company Time Warner Cable. The $55 billion dollar deal rocketed Charter from the fourth-place position in the U.S. cable market to second place behind Comcast. Now, it looks like an even bigger fish is swimming around looking to...
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It might be just a tad early for Charter Communications to pop the champagne, but it can certainly have an intern fetch the bubbly in preparation of a celebration. The U.S. Department of Justice laid out settlement terms of an antitrust suit that would allow Charter to forge ahead with its proposed acquisitions of...
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A Bloomberg report that came out on Memorial Day was right on the money when it came to Charter’s ambitions to take on cable juggernaut Comcast. Bloomberg learned that Charter would scoop up Time Warner Cable (TWC) for $195 per share, valuing the transaction at roughly $55 billion.
Charter confirmed the acquisition this morning, valuing
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Comcast came up as the biggest loser in its failed bit to acquire rival Time Warner Cable (TWC) for $45 billion. Comcast wasted over $30 million on lobbying and tucked its tail between it legs once it became clear that U.S. regulatory agencies would not approve the merger.
Comcast’s loss is now Charter’s gain...
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It's nice to feel wanted, isn't it? Time Warner Cable knows the feeling. The cable company has been courted by numerous bidders in recent months, and though a $45 billion merger with Comcast ultimately fell apart due to regulatory concerns, it would be surprising if a deal didn't happen. In addition to Charter and...
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Federal regulators put into a motion a legal process that would have made it very difficult for Comcast to proceed with its blockbuster plan to acquire Time Warner Cable (TWC) for $45 billion, and as a result of Comcast pulling out of the proposed buyout, Bright House Networks has abandoned its own plans of merging...
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Comcast's proposed $45.2 billion acquisition of Time Warner Cable hit a brick wall when the Federal Communications Commission recommended what's called a "hearing designation order," a procedural move that tasks an administrative law judge to determine if a merger would be in the best interest of the people. Rather...
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Was your high-speed Internet service acting wonky yesterday? Are you a Charter customer? If you answered 'yes' to both questions, you're not alone. It appears that Charter, the nation's fourth largest cable operator, suffered a widespread outage in broadband Internet service starting on late Saturday afternoon and...
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Comcast is highly motivated to complete a $45 billion deal to acquire Time Warner Cable. So much, in fact, that Comcast has come to a separate agreement with Charter Communications to get rid of 3.9 million of subscribers, which is contingent on the TWC merger taking place. It's Comcast's hope that divesting itself of...
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