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Spectrum is the trade name of Charter Communications. The name is widely used by both market consumers and commercial businesses. Services that Spectrum offers include cable television, internet access, internet security, managed services, mobile phone, and unified communications. The Spectrum brand name was first introduced in 2014. Prior to ...
Time Warner Cable building entrance in Morrisville, North Carolina. Time Warner Cable, Inc. (TWC) was an American cable television company. Before it was acquired by Charter Communications on May 18, 2016, it was ranked the second largest cable company in the United States by revenue behind only Comcast, operating in 29 states. [1]
The merger was widely opposed by various individuals, groups, and corporations, arguing that it would reduce competition through consolidation of the cable industry, lead to higher costs of service, and give Comcast greater leverage in how it distributes content owned by its NBCUniversal division to competitors, such as over-the-top services.
Charter said in the statement that the new arrangement with Warner Bros. Discovery allows Spectrum to offer $60 a month of streaming service products to its customers for no extra charge.
However, facing potential difficulties in reaching regulatory approval, Comcast called off its merger with Time Warner Cable in April 2015. [43] On May 26, 2015, Charter and Time Warner Cable announced that they had entered into a definitive agreement for Charter to merge with Time Warner Cable in a deal valued at $78.7 billion. [44]
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In May, U.S. Cellular entered into an agreement with T-Mobile to sell almost all of its wireless operations including customers, stores and 30% of its spectrum assets in a deal valued at $4.4 billion.
Bright House Networks Spectrum logo (2016–2017) On March 31, 2015, Charter Communications announced it would acquire Bright House in a $10.4 billion deal, contingent on Time Warner Cable waiving its right of first refusal to acquire the latter company, which was not expected to be exercised given the then-pending Comcast–Time Warner Cable ...