Jurors ruled that Time Warner Cable should pay $5.78 million stemming from a natural gas explosion that killed one worker and injured more than a dozen people at a Kansas City, Mo., restaurant in February 2013.
Thanks to a handy chart was created by Stacey Horne for FierceCable, we have a depiction of the major acquisitions and mergers consummated by today's top five cable operators during the past 10 years. Special report
Comcast, Time Warner Cable, Cox and Cablevision may be known today as the top five U.S. cable operators, but like the wireline telco industry they achieved their dominant positions by purchasing a number of smaller, regional operators, including major providers like Optimum West and wholesale provider Duke Net.
While the wireless industry certainly has seen its fair share of consolidation over the years and speculation persists that it will continue to do so, the consolidation trend has been going steady in the cable industry as well. FierceCable reviews the major acquisitions and mergers that happened in the last 10 years. S pecial Report
Today's cable industry looks much different than the one from 10 years ago, when the likes of Adelphia and Susquehanna still roamed the market. So let's take a step back in time, when pay-TV was on the rise and the idea of streaming a video over a dial-up modem was a laughable proposition. This chart depicts the major acquisitions and mergers consummated by today's top five cable operators during the past 10 years.
A Charter Communications investor is trying to spur a class-action lawsuit against the company, alleging that Liberty Broadband has been granted unfairly discounted share prices as part of Charter's pending purchases of Time Warner Cable and Bright House Networks.
If Charter Communications is successful in acquiring fellow cable MSOs Time Warner Cable and Bright House, it could alter the dynamics of the Ethernet market once again.
Two new reports from top Wall Street research firms both offer a surprisingly positive outlook on the cable sector, singling out the likes of Comcast, Charter Communications and Time Warner Cable as operators best positioned to take advantage of the upheaval in the pay-TV sector.
Billionaire financier George Soros and his Soros Fund Management purchased 1.45 million shares in Time Warner Cable during the second quarter, according to an SEC filing released Friday and reported by Barron's.
If there was one common theme the top cable MSOs saw in the second-quarter results, it was that broadband subscriptions continued to rise as more video customers cut the cord in favor of online video alternatives like Netflix and Hulu.