Tuesday, November 21, 2017

Charter Looking to Buy Cox Communications


Internet providers have been selling bundles with Internet, Cable TV and phone service for years. More and more they are bundling the companies. Charter bought two other big cable companies last year. AT&T is trying to buy Time Warner, the media company. Verizon just bought AOL and Yahoo. Comcast bought NBC/Universal a while back.

Even though they haven’t totally digested Time Warner Cable and The Bright House Networks but Charter, the second largest cable TV company seems to be making overture toward Cox Cable, the third largest cable television company in the US. Time Warner and Time Warner Cable were two different companies. Time Warner Cable sold cable and Time Warner owns studios like Warner Brothers along with HBO and DC Comics. Time Warner Cable was absorbed by Charter.

Cox has bundles that include television, Internet and phone service and also Charter has bundles of Internet, phone and cable TV so I don’t think there is any way the merger would help the customer. We would just have less competition and probably higher prices.

Cox is still owned be descendants of the Cox family, “Cox has been very clear and consistent that we are not for sale,“ said Todd Smith, a spokesperson for Cox.

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