Friday, the US Federal Communications Commission confirmed that they have voted to approve the acquisition of Time Warner Cable Inc. and Bright House Networks by Charter Communication Inc. This would create the second-largest broadband provide and the third-largest video provider. It’s now waiting for approval from regulators in California. That decision is expected at a May 12 hearing.
As Tom Rutledge, the president and chief executive of Charter said on Friday, the transactions will have “significant benefits.”
Friday, the FCC said in a statement that an “order detailing the commission’s reasoning and the conditions will be issued in the coming days.”
Read the whole article and learn more.
As Tom Rutledge, the president and chief executive of Charter said on Friday, the transactions will have “significant benefits.”
Friday, the FCC said in a statement that an “order detailing the commission’s reasoning and the conditions will be issued in the coming days.”
Read the whole article and learn more.