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April 26, 2016

$67B cable deal: What about consumers?

  • Buying Time Warner Cable and Bright House Networks will turn Charter into the country's No. 2 home Internet provider, after Comcast.
  • By TALI ARBEL
    AP Technology Writer

    NEW YORK — The Justice Department has approved Charter's bid to buy Time Warner Cable and create another cable giant.

    Buying Time Warner Cable and Bright House Networks will turn Charter Communications, a mid-size cable company, into the country's No. 2 home Internet provider, after Comcast. The new Charter will be No. 3 in video, trailing Comcast and AT&T, which bought DirecTV last year.


     
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