Actionable news
0
All posts from Actionable news
Actionable news in CHTR: Charter Communications, Inc.,

FCC Requests More Information About Charter-TWC Merger — Telecom Roundup

0

NEW YORK (TheStreet) -- The Federal Communications Commission wants to know more about the proposed merger of Charter Communications (CHTR - Get Report) and Time Warner Cable (TWC - Get Report) .

Regulators charged with examining the deal specifically want to know how a combination of the two companies would affect Internet service nationwide

"The new company would bring together 19.4 million broadband subscribers, creating the second-largest broadband Internet provider in the country and would provide services to customers across portions of nearly 40 states," the FCC said. The merger has been valued at $55.1 billion.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

The FCC has...


More