TWC, Comcast could shed $20bn to make deal
It could be that Time Warner and Comcast, in their attempt to merge their cable assets, are planning to divest some $20 billion-worth of assets, potentially including 3 million subscribers, in order to calm some of the antitrust regulatory concerns over their combination.
Weekend reports suggest that two options are under consideration: one, is to sell off the 3 million subs to another cable player and the name that’s most frequently mentioned is Charter Communications. The other option is to ring-fence the 3 million subs into a spun-off business that falls outside the currently planned deal.
Comcast is already the USA’s largest cable supplier, and Time Warner is No 2.