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New York State Approves Charter, Time Warner Cable Merger

Originally Appeared in DSL Reports
By Karl Bode
January 8, 2016

In what will likely be the first of many, New York State regulators say they’ve approved Charter’s $79 billion acquisition of Time Warner Cable (including Bright House) — with a few conditions. The New York State Public Service Commission (PSC) ruled that in order to get approval, Charter needs to provide Internet, TV and phone services to all homes within the current Time Warner Cable service territory – including rural areas – and provide 300 Mbps Internet speeds to all New Yorkers by 2019.

Time Warner Cable already offers 300 Mbps in New York State, and while likely would have upgraded the rest of the state eventually, this deal might expedite those efforts.

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Charter To Offer $15 Broadband For Low-Income Households

Originally Appeared in Fierce Cable 
December 18, 2015

 

As it seeks regulatory approval to acquire Time Warner Cable, Charter Communications announced details on Thursday of plans for a low-cost broadband service priced at $14.99 monthly for eligible low-income households, including seniors.

Charter (Nasdaq: CHTR) is based in Stamford and offers cable service in the Fairfield County towns of Trumbull, Monroe, Newtown, Brookfield, New Fairfield and Sherman, as well as parts of Litchfield County and in Eastern Connecticut. If approved, Charter’s takeovers of New York City-based Time Warner Cable (NYSE: TWC) and Syracuse, N.Y.-based Bright House Networks would make the combined company the second largest cable TV carrier in the nation after Philadelphia-based Comcast (Nasdaq: CMCSA).

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Time Warner Cable Seeks To Fill 20 Slots

Originally Appeared in Courier – Journal
December 17, 2015

Time Warner Cable is looking to hire about 20 employees for full-time retail sales positions in the Louisville market.

Company representatives will interview candidates on Thursday, Dec. 17, from 11 a.m. to 2 p.m., at Time Warner Cable Human Resources Office, 4701 Commerce Crossing Dr., in Louisville.  Time Warner Cable will not be available to meet with applicants who arrive at different dates or times then specified.

“We are looking for qualified candidates to fill a number of new and existing retail sales positions,” said Brad Waggoner, the company’s senior director of retail sales.  “These positions have considerable earning potential, great benefits and opportunities for career growth.”

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Charter Hits Back, Says TWC Merger Good for Online Video

Originally Appeared in CED Magazine
By Ben Munson
December 3, 2015

In a response filed Thursday with the SEC, Charter is refuting Dish’s claims concerning the merger.

According to Charter, New Charter would only serve 23 percent of subscribers receiving 25 Mbps or higher, which it says is smaller than the percentage Comcast serves today and much smaller than the 60 percent Comcast and TWC would have served had those companies been allowed to merge.

In all, New Charter would serve 21 percent of all wireline broadband customers, according to Charter, which the company says is less than Comcast and more than AT&T.

Charter also says that New Charter would be a better platform for online video distributors (OVD), pointing out that Netflix has given its blessing to the merger. Charter also says it views OTT content as complimentary to its MVPD service and that its cloud-based programming guide enables OVD content to be accessed along with cable networks.

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New Charter Communications Is Keen to Remake Mobile TV

Originally Appeared in The Street
By Rebecca McClay
November 20, 2015

 

Charter Communications (CHTR ) is lacing up its gloves to try to become the new heavyweight champion in video streaming.

With its $79 billion acquisition of Time Warner Cable (TWC) expected to close in the first quarter, Charter may have the right mix of content and service to offer the kind of streaming TV platform that the industry has long lacked, a vacuum Netflix (NFLX)  was quick to fill.

“The scale that Charter acquires will help them as consumers switch to over-the-top” Internet streaming, S&P Capital IQ media analyst Tuna Amobi said in a phone interview. The new Charter will be a stronger competitor against both satellite television and the telecommunications companies like Verizon (VZ) and AT&T (T), he said.

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NBA star flies back home to Myrtle Beach to give away 300 turkey feasts

Originally appeared in The State
By Emily Weaver
November 22, 2015

MYRTLE BEACH, SC – Families lined up alongside a yard on Neighbor Lane – a short distance from where an NBA star grew up – to receive a free Thanksgiving bounty delivered with a hug and a smile from the star “with a servant’s heart.”

The Game On Foundation, founded by Washington Wizards point guard and Myrtle Beach native Ramon Sessions, has offered Thanksgiving turkeys each of the last five years to the Racepath community where Sessions grew up.

Last year, his Game On Annual Turkey Feast gave 250 turkeys away. On Sunday, the event was poised to give away more than 300 with tables of Thanksgiving sides to go with it.

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Charter’s Rutledge: ‘We’ll hire our own technicians to do the work’ of TWC technical integration

 

Originally appeared in FierceInstaller
By Daniel Frankel
November 17, 2015

As his cable system prepares to absorb more than 13 million video subscribers from Time Warner Cable (NYSE: TWC) and Bright House Networks, in millions more high-speed Internet users, Charter Communications (NASDAQ: CHTR) President and CEO Tom Rutledge recently laid out some of the details of how the technology integration will work.

Speaking at an “investor day” event last week for Liberty Media, Charter’s biggest shareholder, Rutledge said Charter will continue to rely on its cloud-based strategy that relies on two-way communications with older set-tops. This will differ radically from services like TWC Maxx, which call for the installation of advanced Arris-made DVR set-tops into customer homes.

“Historically, the chips and processing power and storage of older set-tops was the lowest common denominator in which you could roll out new products across your footprint,” Rutledge said.

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Charter Tells FCC of Commitment to Net Neutrality Regardless of Legal Intrigue

Originally appeared in The Hollywood Reporter
By Eriq Gardner

The cable giant also says its proposed merger with Time Warner Cable will benefit online video providers like Netflix.

If a $55 billion merger between Charter Communications and Time Warner Cable is completed, the marriage will result in a bigger company that commands about 15 percent of the nation’s cable and satellite subscribers and 22 percent of its broadband subscribers.

Naturally, concern about the ramifications of consolidation has ensued. This week, Charter answered its critics with a filing at the FCC that among other things, stresses its commitment to the principles of net neutrality.

“New Charter will not block or throttle Internet traffic or engage in paid prioritization, regardless of the outcome of the litigation over the Open Internet Order,” says Charter, referring to the FCC’s decision to reclassify internet service as a utility under Title II of the Telecommunications Act and the subsequent and pending legal challenges made by companies including AT&T and Alamo Broadband.

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TWC expands Wi-Fi network to North Carolina, now up to only 125,000 hotspots

Originally appeared in FierceCable
By: Daniel Frakel
November 9, 2015

Time Warner Cable (NYSE: TWC) confirmed it has only deployed 125,000 public hotspots nationwide.

TWC made the revelation while announcing that it has extended its Wi-Fi network into Greensboro and Wilmington, N.C. Earlier deployments have taken place in Southern California, New York City, Charlotte, Raleigh, Myrtle Beach, Austin, San Antonio, Dallas, Kansas City and Hawaii.

TWC’s reach pales in comparison to the national reach of Comcast, which said during its third-quarter earnings call last month that it had 11.7 million public hotspots deployed — many of which stem from dual-purpose routers assigned residential users.

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