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Time Warner Cable, Inc. (TWC) was an American cable television company. Before it was acquired by Charter Communications on May 18, 2016, it was ranked the second largest cable company in the United States by revenue behind only Comcast, operating in 29 states. [1] Its corporate headquarters were located in the Time Warner Center in Midtown ...
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In 2016, Charter Communications purchased Time Warner Cable, and rebranded the firm's operations as Spectrum. [1] [5] As of 2020, Spectrum is the largest provider of cable television, internet, and telephone service in the state of New York, as well as the second-largest cable provider in the country. [1]
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Spectrum (brand) Spectrum is the trade name of Charter Communications. The name is widely used by both market consumers and commercial businesses. Services that Spectrum offers include cable television, internet access, internet security, managed services, mobile phone, and unified communications. The Spectrum brand name was first introduced in ...
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However, facing potential difficulties in reaching regulatory approval, Comcast called off its merger with Time Warner Cable in April 2015. [43] On May 26, 2015, Charter and Time Warner Cable announced that they had entered into a definitive agreement for Charter to merge with Time Warner Cable in a deal valued at $78.7 billion. [44]
Charter made a total of three attempts to buy Time Warner Cable, offering $37.4 billion on January 13, 2014. [3] Comcast's $45.2 billion offer effectively won Comcast the bidding war, though Charter continued to challenge the acquisition by forecasting difficulties with the regulatory review process. [4]