Constitution Communications In Talks To Buy Bright Home Networks
Charter Communications Inc. gives residential and commercial prospects conventional cable video programming (fundamental and digital video) high-pace Web companies and telephone companies as well as superior broadband providers.
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Chances are you’ll not have heard of Charter Communications earlier than it announced its intention to buy Time Warner Cable for $fifty five billion. Charter hopes the deal will increase its profile at a time when Individuals’ TELEVISION habits are changing, however the deal has to be accepted by federal regulators who only a month in the past rejected one other deal involving Time Warner. NPR’s Jim Zarroli reviews.
Charter Communications navigates the waters of US cable companies. The cable system operator has about 5 million principally-residential subscribers in 25 states, making it one of the prime national cable companies, behind Comcast, Time Warner Cable, and Cox Communications. In addition to its some four.three million video clients (about eighty% choosing the digital service), – more… Constitution also has about three.7 million broadband Internet subscribers, and about 2 million computer telephony users. The company also derives income from the sale of native advertising on such cable networks as MTV, CNN, and ESPN. Charter Communications, which skirted bankruptcy for years, began and accomplished a reorganization underneath Chapter 11 protection in 2009.