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On May 18, 2016, Charter finalized acquisition of Time Warner Cable and its sister company Bright House Networks, [10] making it the third-largest pay television service in the United States. [ 11 ] [ 12 ] [ 13 ] In 2019, Charter ranked No. 70 in the Fortune 500 list of the largest United States corporations by total revenue.
On June 30, 2018, Charter launched Spectrum Mobile, [25] a mobile virtual network operator service. Spectrum utilizes their service area's Wi-Fi network for extended network coverage, while Verizon Wireless provides the network Spectrum Mobile utilizes for mobile service, both a traditional 4G network and newer 5G network.
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]
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.
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Bright House Networks, LLC also simply known as Bright House, was an American telecom company.Prior to its purchase by Charter Communications, it was the tenth-largest multichannel video service provider and the 6th largest cable internet provider (based on coverage) in the United States. [2]
Spectrum said it will charge as low as $30 a month for its 500Mbps internet plan, or $40 a month for 1GB service, when either are bundled with two mobile lines or cable TV.