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.