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Charter announces plan to buy Time Warner Cable and Bright House
CNN ^ | 26 May 2015 | Brian Stelter

Posted on 05/26/2015 6:43:29 AM PDT by oh8eleven

In a deal that affects one in six American households, Charter Communications on Tuesday proposed a three-way merger with two other cable and broadband providers, Time Warner Cable and Bright House Networks.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
KEYWORDS: brighthouse; cable; charter; chartertwc; newcharter; news; twc
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Another near monopoly coming to a city near you. Cable industry is getting worse than the airlines. I'm sure the affected cable subscribers (including me) won't see an increase in rates for at least, oh, a day or two.
1 posted on 05/26/2015 6:43:29 AM PDT by oh8eleven
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To: oh8eleven

Agreed. This is a scarey situation when you start seeing less & less competition in the industry. I have Charter & feel it is way overpriced for what you get already. Wait until there’s even less competition.


2 posted on 05/26/2015 6:47:58 AM PDT by oldtech
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To: oldtech

Consolidate, consolidate, consolidate...

Then it is easier for the government to take it over.


3 posted on 05/26/2015 6:49:52 AM PDT by EQAndyBuzz (Liawatha, because we need to beat a real commie, not a criminal posing as one.)
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To: oh8eleven
Another monopoly coming to a city near you

Getting a very good antenna and dropping cable altogether is very tempting. Around here, it's Cox. They're not one of the big three, but they're as unlikeable and overpriced.

4 posted on 05/26/2015 6:58:43 AM PDT by grania
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To: oh8eleven

Well I have Time-Warner. Could Charter be worse? I doubt it.


5 posted on 05/26/2015 7:04:43 AM PDT by InterceptPoint
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To: grania
Getting a very good antenna and dropping cable altogether is very tempting.

I'm getting close to doing that too. I can get 50+ channels for free with an antenna and amplifier. Combine that with Netflix, Hulu and YouTube and I have plenty of stuff to watch.

6 posted on 05/26/2015 7:14:51 AM PDT by rllngrk33 (Things will continue getting worse until at least January 2017.)
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To: oh8eleven

Very very bad idea.


7 posted on 05/26/2015 7:17:13 AM PDT by SoFloFreeper
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To: oh8eleven

Oh, please. Cable is a dying breed. There are a ton of cord cutters out there. It is increasingly just becoming a bandwidth commodity for AppleTV, Netflix, Hulu, and Amazon.

The tech is old, and will eventually be replaced by fiber, for which Google has the real first-movers advantage.

If you want to worry about monopolies, worry about Google and Apple. Worrying about the cable companies is like wringing your hands over “Ma Bell.”

But - don’t worry - the FCC will never allow the deal so Obama’s tech friends at Google and Apple can continue their march to domination.


8 posted on 05/26/2015 7:19:28 AM PDT by bolobaby
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To: bolobaby

what happens when immersive VR becomes mainstream?


9 posted on 05/26/2015 7:29:05 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: oldtech

I hear ya. Most of the people I know hate Charter but they’re the only provider in their vicinity.


10 posted on 05/26/2015 7:32:42 AM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: grania
Getting a very good antenna and dropping cable altogether is very tempting.
Agree, however, problem is I'm a sports fan, especially baseball and w/o cable (or dish) there's slim pickens.
11 posted on 05/26/2015 8:07:28 AM PDT by oh8eleven (RVN '67-'68)
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To: longtermmemmory

We are in a changing world of entertainment, that’s for sure. Whatever technology takes over - whether it be immersive VR or simply 100% on-demand, micro-funded programming - cable is a dinosaur. Their coax networks can’t keep up with bandwidth demands and their outdated programming model is toast.


12 posted on 05/26/2015 8:08:22 AM PDT by bolobaby
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To: oh8eleven

We don’t need no steenkin’ Anti-Trust laws.


13 posted on 05/26/2015 8:09:57 AM PDT by dfwgator
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To: InterceptPoint
Well I have Time-Warner. Could Charter be worse? I doubt it.
I've had TW for ~20 years and except for the pricing, I have no complaints - reliable signal, good customer service, but way overpriced for the amount of trash programing offered.
14 posted on 05/26/2015 8:11:12 AM PDT by oh8eleven (RVN '67-'68)
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To: bolobaby
Worrying about the cable companies is like wringing your hands over “Ma Bell.”
And just what happened to Ma Bell?
15 posted on 05/26/2015 8:15:39 AM PDT by oh8eleven (RVN '67-'68)
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To: oh8eleven

Charter is scum and barely capable of taking care of what is has now

not too long ago, the profit per employee was - $192,000 per year. That is a negative number.


16 posted on 05/26/2015 8:18:50 AM PDT by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... No peace? then no peace!)
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To: oh8eleven

I will stay with Comcast. I have luckily had zero problems with them. The only thing that I would change is if Verizon Fios comes to the neighborhood because I had them before and loved them even more then Comcast.


17 posted on 05/26/2015 8:43:31 AM PDT by napscoordinator (Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
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To: bolobaby

lol. Yeah the cord cutters who are going to get screwed when they put a limit on how much data you can use a month and then they will be sorry. Currently they are talking 250 a month. That is not much especially as you stream movies. It will eventually cost more just for having cable.


18 posted on 05/26/2015 8:45:39 AM PDT by napscoordinator (Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
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To: oh8eleven

The more important question is: what *would* have happened to Ma Bell if the feds just left well enough alone?

Landline phone companies are dying, too...


19 posted on 05/26/2015 9:05:35 AM PDT by bolobaby
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To: napscoordinator

Bandwidth is a commodity. They can meter usage all they want. It just makes the field that much more ripe for fiber sellers to take over their markets.

When the cable companies start to meter usage, that will be their death knell. Last act of a desperate industry.


20 posted on 05/26/2015 9:07:29 AM PDT by bolobaby
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