jueves, 13 de febrero de 2014

Greater integration of television services company

time warner cable
News reports said that Comcast is buying time warner cable in a deal that valued the smaller rival at 45.2 billion dollars after a six-month-long struggle to promote fragmented u.s. market for paid television services.

And the British Financial Times newspaper said the deal, which will be confirmed later Thursday will be the largest and second-largest cable television service companies in terms of the number of participants is likely to be an intense battle by regulatory bodies.

And Comcast is expected to give up about 3 million subscribers when the deal was made.

The deal came after lengthy efforts by the "Charter" and is the third largest cable television services in the United States, which has offered $ 132.50 per share of time Warner stock.

According to sources, Comcast paid 89.68 dollars a share in time warner cable the idea of a joint bid with Charter to purchase Time Warner, but decided not to do so after it started a Charter will be forced to a hostile takeover bid for larger rival control.

The price is provided by Comcast up 17.37% of the price of time Warner shares closed at $ 326.61 in trading Wednesday on the New York Stock Exchange.

The merger between Comcast Time Warner to create a giant in the field of media controls about one-third of the u.s. market for packages provided by contributions and the acquisition of a share of 22.3% in the US market for broadband subscriptions according to the Foundation, "Moffett nathanson.

Comcast is the largest company in the industry and the largest cable television operator in the United States with a subscriber base of 53 million in capital market 144.5 billion dollars, while the number of subscribers of time Warner Cable about 15 million customers and a market capitalization of $ 37.6 billion. Movil Ta

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