Charter and Time Warner Cable agree on $55 billion merger

May 26, 2015 by Paul Spoerry 2 Comments

Charter and Time Warner Cable agree on $55 billion merger
Time Warner Cable (TWC) has leaped into the arms Charter Communications in a merger valued at $55 billion, confirming previous rumors. That’s considerabl

Charter said that the deal would result in "faster broadband speeds" and "more competition for consumers and business," even though there would be fewer players in the market.

Meanwhile the rest of us wonder how exactly it will increase competition when we only have the option of one cable provider where we live.

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About Paul Spoerry

I’m a groovy cat who’s into technology, Eastern Thought, and house music. I’m a proud and dedicated father to the coolest little guy on the planet (seriously, I'm NOT biased). I’m fascinated by ninjas, the Internet, and anybody who can balance objects on their nose for long periods of time.

I have a utility belt full of programming languages and a database of all my knowledge on databases... I practice code fu. Oh, I've also done actual Kung Fu, and have a black belt in Tae Kwon Do.

I run. I meditate. I dance. I blog at PaulSpoerry.com, tweet @PaulSpoerry, and I'm here on Google+.

I'm currently work for IBM developing web enabled insurance applications for IBM and support and develop a non-profit called The LittleBigFund.

Comments

Brad Tissi says

May 26, 2015 at 11:29 am

…fuck
Tyson C says

May 26, 2015 at 11:38 am

Hopefully this is vapor wear or DOA when it goes to the FTC/DOJ just like the Comcast merger.

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