Malathi's Feed
May 27, 2015

Charter’s $56 billion Time Warner Cable deal to face U.S. scrutiny

NEW YORK/WASHINGTON (Reuters) – Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp’s earlier bid for Time Warner Cable.

The combined company would control a big swath of the cable and Internet markets, marking a huge step toward industry consolidation, long advocated by cable pioneer John Malone, Charter’s biggest shareholder.

May 26, 2015

U.S. cable operator Charter to buy Time Warner Cable for $56 bln

May 26 (Reuters) – Charter Communications Inc, the No. 3
cable TV operator, offered to buy No. 2 Time Warner Cable Inc
for $56 billion on Tuesday but immediately ran into questions
about whether regulators would agree to the combined company,
which would control a big swath of the cable and Internet
markets.

The union of the two companies would compete against cable
market leader Comcast, confront the increased popularity of
streaming services, and mark a huge step toward industry
consolidation, long advocated by cable pioneer John Malone,
Charter’s biggest shareholder.

May 21, 2015

Easier regulatory review seen for Altice vs Charter in TWC deal

By Alina Selyukh and Malathi Nayak

(Reuters) – A potential bid by French telecom group Altice SA to buy U.S. cable company Time Warner Cable Inc would pass regulatory hurdles more easily than an offer pondered by cable rival Charter Communications Inc , according to analysts and experts.

Altice, controlled by French billionaire Patrick Drahi, on Wednesday agreed to buy regional U.S. cable company Suddenlink. It has also approached Time Warner Cable for a deal, according to people familiar with the talks.

May 21, 2015

Analysis – Easier regulatory review seen for Altice vs Charter in TWC deal

By Alina Selyukh and Malathi Nayak

(Reuters) – A potential bid by French telecom group Altice SA (ATCE.AS: Quote, Profile, Research) to buy U.S. cable company Time Warner Cable Inc (TWC.N: Quote, Profile, Research) would pass regulatory hurdles more easily than an offer pondered by cable rival Charter Communications Inc (CHTR.O: Quote, Profile, Research), according to analysts and experts.

Altice, controlled by French billionaire Patrick Drahi, on Wednesday agreed to buy regional U.S. cable company Suddenlink. It has also approached Time Warner Cable for a deal, according to people familiar with the talks.

May 18, 2015

AT&T working on exclusive content for connected cars

NEW YORK (Reuters) – AT&T Inc is gearing up to bring connected car users exclusive content such as videos and games that can be streamed onto personal mobile devices later this year, AT&T’s senior vice president of emerging devices Chris Penrose said.

“It’s no different than being able to hook onto a Wi-Fi hotspot anywhere and get access to content you already subscribe to and get unique content that you could only get in the back of the vehicle,” Penrose said.

May 13, 2015

AT&T to offer Hulu on website, app this year

May 13 (Reuters) – AT&T Inc, the No. 2 U.S. wireless
company, said on Wednesday its users will be able to access the
Hulu streaming video service on its website and mobile app
starting later this year.

The service will be available to AT&T customers who
subscribe to Hulu. In addition to using the Hulu app, users will
be able to view Hulu content on AT&T’s app and website alongside
the wireless company’s existing library of videos such as those
from video maker Fullscreen.

May 13, 2015

Analysis – Verizon’s top goal with AOL: mobile video advertising

NEW YORK (Reuters) – Verizon Communications has made clear what it hopes to gain with the $4.4 billion (3 billion pound) purchase of AOL: a better way to sell mobile video ads.

AOL, ridiculed for its continuing dial-up Internet business, has in the last few years assembled a set of cutting-edge online video technology tools to buy and sell ads automatically in real-time, measure audience metrics and specifically target users based on their preferences.

May 13, 2015

Verizon’s top goal with AOL: mobile video advertising

NEW YORK (Reuters) – Verizon Communications has made clear what it hopes to gain with the $4.4 billion purchase of AOL: a better way to sell mobile video ads.

AOL, ridiculed for its continuing dial-up Internet business, has in the last few years assembled a set of cutting-edge online video technology tools to buy and sell ads automatically in real-time, measure audience metrics and specifically target users based on their preferences.

May 5, 2015

Sprint adds 1.2 million customers amid turnaround

May 5 (Reuters) – Sprint Corp added 1.2 million net
customers and saw subscribers defect to other networks at a
lower rate as the No.3 U.S. wireless company ramped up its
turnaround efforts.

Shares were up 0.6 percent at $5.18 in early trading.

Under Chief Executive Marcelo Claure, the company has been
reducing costs, trimming staff, adding stores, and revamping its
management. Since taking on the top post at Sprint nine months
ago, Claure has focused on improving subscriber metrics through
offers such as cutting bills in half to switch from other
carriers, doubling its data capacity and hand-delivery of new
phones.

May 4, 2015

Comcast profit beats estimates on internet, enterprise growth

NEW YORK (Reuters) – Comcast Corp, the largest U.S. cable operator, posted better-than-expected first-quarter profit, driven by strong growth in its high-speed internet and business services.

Comcast, which increased its stock buyback program to $10 billion last quarter, said it would now earmark $6.75 billion for 2015, higher than the $4.25 billion it had previously set aside for the year.