Stick a Fork in It: The Charter Deals Are Done

Everything you need to know about the new Charter now that the acquisitions of Time Warner Cable and Bright House Networks are complete.

Mari Silbey, Senior Editor, Cable/Video

May 19, 2016

2 Min Read
Stick a Fork in It: The Charter Deals Are Done

What a way to end the Internet & Television Expo.

Following final regulatory approvals last week, Charter Communications Inc. has now officially closed on its acquisitions of Time Warner Cable Inc. (NYSE: TWC) and Bright House Networks . Tom Rutledge will lead the new company as President and CEO, as well as Chairman of the Board. Charter now has more than 25 million customers and a subscriber footprint that spans 41 states.

Figure 1: Source: Charter transaction materials Source: Charter transaction materials

"I want to thank the management teams and all of the employees at Charter, Time Warner Cable and Bright House Networks for their hard work over these past 12 months," said Rutledge in a statement. "Despite much distraction, they kept their focus on the customer, and as a result, today we join together three companies, each operating with tremendous momentum. Current Bright House Networks and Time Warner Cable customers won't see many changes right away, though in the coming months they will begin to hear more from us about the Spectrum brand, and the product improvements and consumer friendly policies that come with it. Charter's objective is to provide high quality products at great prices, and back it up with excellent customer service, and we intend to continually improve the way we do business in order to be the very best at what we do."

— Mari Silbey, Senior Editor, Cable/Video, Light Reading

About the Author(s)

Mari Silbey

Senior Editor, Cable/Video

Mari Silbey is a senior editor covering broadband infrastructure, video delivery, smart cities and all things cable. Previously, she worked independently for nearly a decade, contributing to trade publications, authoring custom research reports and consulting for a variety of corporate and association clients. Among her storied (and sometimes dubious) achievements, Mari launched the corporate blog for Motorola's Home division way back in 2007, ran a content development program for Limelight Networks and did her best to entertain the video nerd masses as a long-time columnist for the media blog Zatz Not Funny. She is based in Washington, D.C.

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