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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 introduced in 2014. Prior to that ...
Time Warner Cable building entrance in Morrisville, North Carolina. 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]
The merger was widely opposed by various individuals, groups, and corporations, arguing that it would reduce competition through consolidation of the cable industry, lead to higher costs of service, and give Comcast greater leverage in how it distributes content owned by its NBCUniversal division to competitors, such as over-the-top services.
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]
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After these transactions, US Cellular will retain 3.4 billion MHz POPs of low and mid-band spectrum (700 MHz, 3.45GHz, CBRS, and C-Band) and 17.2 billion MHz POPs of mmWave spectrum.
Due to the larger market capitalization of AOL, it gained ascendancy in the merger, with its executives largely displacing Time Warner's despite AOL's far smaller assets and revenues. AOL was spun off as its own independent company from Time Warner in 2009. Verizon Communications acquired AOL in 2015, and operated it as a separate subsidiary.
A jury in Dallas County on Tuesday awarded $7 billion in punitive damages against Charter Communications, which also operates as Spectrum, for its part in the 2019 robbery and stabbing death of an ...