I pay Time Warner Cable $70 a month for broadband that works 70-percent of the time. Just for fun, I recently upgraded to the company’s best, fastest service—300 Mbps—and guess what. After weeks of speed tests, I can confidently say that I don’t get those speeds. Ever.
Charter Communications will spend $55.33 billion to acquire Time Warner Cable in a cash-and-stock deal that would instantly create one of the largest pay-television and broadband operators in the U.S.
The U.S. Federal Communications Commission’s staff has recommended that the agency designate Comcast Corp’s proposed $45 billion acquisition of Time Warner Cable Inc for a hearing, the Wall Street Journal reported on Wednesday, calling it a significant setback for the deal.