TWC, Comcast could shed $20bn to make deal
April 22, 2014
By Chris Forrester
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.