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pcharles09
pcharles09
2/28/2014 | 8:59:41 PM
Re: Great idea!
I honestly don't think it's a good thing for the consumer. I recently moved to Queens & got TWC. In the 6 months I've had their service, the prices have been boosted 3 times.

They claim their infrastructure needs updating & the TV networks are charging them more.

If I had a real alternative, I would've switched by the 2nd increase.
albreznick
albreznick
2/28/2014 | 5:02:03 PM
Re: Great idea!
So now we're going to see the top 2 cable cvompanies merge instead. Think that's better or worse than TWC and Charter getting together? I'm reallly not sure either way.
Phil_Britt
Phil_Britt
2/12/2014 | 5:10:23 PM
Money Talks
Charter's offer isn't much above where Time Warner's stock was when the first inklings of a potential offer started hitting various news organizations. While Time might ultimately take less than the $160 a share it has set as its limit, Charter's offer is far too low at this juncture for Time Warner to really consider it.

That could change if the market crashes or if Time's Warner's next earnings show a bigger than expected loss. But even without rival bids, Charter will likely have to sweeten the pot quite a bit for the deal to happen -- and that's if the Justice Department agrees to it.
TaraSeals
TaraSeals
2/12/2014 | 3:41:14 PM
Getting persnickety
The rhetoric going back and forth in this deal entertains me to no end. Charter is much smaller and the deal will be highly leveraged, funded primarily with debt, and it's still recovering from its bankruptcy past, and yet it's swinging the big verbal guns when it comes to characterizing TWC's overall health. It's all "failed operational strategy" this and "TWC is in need of a transformational event" that, even though the Q4 financials weren't that bad. OK, subscriber drain on the video side was horrendous, but overall--it's not looking like a consumption victim in Victorian England just quite yet. And as your own Dan O'Shea pointed out, when it comes to broadband, which is really the future, it's got some assets to talk about.

At the same time, I'm rooting for Charter-mostly because I really don't want to see Comcast--which TWC has been in talks with as well--get any bigger. 

And, the idea of hijacking the board is so 1980s corporate raider awesome on some levels. We'll see if shareholders take the bait. 

There's always the middle path too, where Charter and Comcast split TWC's baubles...

 

 
pcharles09
pcharles09
2/11/2014 | 10:53:05 PM
Re: Great idea!
I agree. Especially in major metropolitan areas where you get squeezed into only 1 or 2 choices because of zoning.
Mitch Wagner
Mitch Wagner
2/11/2014 | 6:59:29 PM
Great idea!
"I'd love it if a couple of the cable companies merged. There needs to be less choice for cable and Internet service," said nobody never.
KBode
KBode
2/11/2014 | 5:26:28 PM
Patty cake
I kind of wish that we could fast forward through this patty cake mating dance and just get a deal done. I assume Time Warner Cable will bend at $150 per share?


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