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Charter to Raise Bid for Time Warner Cable
by Karl Bode 08:28AM Monday Feb 03 2014
Anonymous sources tell Reuters that Charter will likely present a new, higher bid to acquire Time Warner Cable sometime within the next two weeks. Charter originally made an offer of $37.3 billion, or around $132.50 per share. Time Warner Cable has said they'll refuse anything lower than $160 per share. Charter had hoped that insulting Time Warner Cable's services would somehow justify the lower offer, but so far investors haven't been biting. The sources tell Reuters the new bid still won't match Time Warner Cable's $160 per share desires, and would like fall somewhere in the low $140 per share range.

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silbaco
Premium
join:2009-08-03
USA

Charter

Sooner or later Charter will get what they want.
Millenium

join:2013-10-30
kudos:1

1 recommendation

Go away, Charter

I'm enjoying the least expensive internet I've ever had. Go away, Charter. Go away.
tasmithe

join:2002-09-16
Graham, NC

Charter/Time Warner

Go away Charter, indeed. I PURPOSELY moved from a Charter area to a Time Warner area since the Sanford NC area is HORRIBLE with Charter. Constant outages, poor picture quality and no phone service available--at the time.

I thought Charter was broke..almost bankrupt. How can they be buying up things like Optimum (in CO/Mont/WY) etc and now Time Warner.

GO AWAY!
TBBroadband

join:2012-10-26
Fremont, OH

Re: Charter/Time Warner

They already purchased Optimum West. That's a done deal and those customers are now Charter's. And they're not broke. That was what bankruptcy court fixed for them.

kilrathi
Premium
join:2005-04-22
Rockaway Park, NY

oh no

if charter gets tw, our internet for example in nyc will get caps and worse service. Prediction.
kb_019

join:2008-11-28

1 edit

Re: oh no

said by kilrathi:

if charter gets tw, our internet for example in nyc will get caps and worse service. Prediction.

No need to call it a prediction as it is an absolute fact that this is exactly what will happen.

Our only saving grace would be if Verizon (Fios) actually fulfilled their contract here in NYC to wire the entire city.

OSUGoose

join:2007-12-27
Columbus, OH

Hey Comcast or WoW!

Can one of ya'll buy Charter to get them to lay off TWC please!
DigitalManny

join:2014-01-08
Glendale, CA

Charter should worry more about customer service

Who cares really Charter should worry about improving such as allowing us to access HBO Go on Apple TV instead worrying about which cable to buy out, customers first Charter if want to be a successful company.

List of things Charter needs to improve for customer satisfaction:

1. HBO Go on Apple TV
2. Better download and upload speeds
3. More HD Channels
4. Better DVR device and Guide upgrade
5. Better mobile app that works with all DVR devices
6. Need access to Showtime Anytime app, Starz Play and Encore Play
7. Channels need to be added: FEARnet, El Ray Network, Chiller TV, The Blaze, Al Jazeera America.

This are things Charter Communications should worry about not Time Warner and I am so sick of seeing Time Warner ads on Charter.net or on TV when Charter clearly does not allow other cable companies in your area.

Mr Guy

@charter.com

Re: Charter should worry more about customer service

said by DigitalManny:

Who cares really Charter should worry about improving such as allowing us to access HBO Go on Apple TV instead worrying about which cable to buy out, customers first Charter if want to be a successful company.

List of things Charter needs to improve for customer satisfaction:

1. HBO Go on Apple TV
2. Better download and upload speeds
3. More HD Channels
4. Better DVR device and Guide upgrade
5. Better mobile app that works with all DVR devices
6. Need access to Showtime Anytime app, Starz Play and Encore Play
7. Channels need to be added: FEARnet, El Ray Network, Chiller TV, The Blaze, Al Jazeera America.

This are things Charter Communications should worry about not Time Warner and I am so sick of seeing Time Warner ads on Charter.net or on TV when Charter clearly does not allow other cable companies in your area.

1) As soon as Apple makes Apple TV compatible with Charter there won't be an issue

2) 30 meg soon to be upgraded to 60 meg. agree on upload

3) Being worked as we speak as Charter finishes up it's digital conversion

4) guides for all devices will be delivered via IP as soon as digital upgrade is finished.

5) can't answer that one

6) Showtime is owned by CBS. Maybe you should be asking them why they don't allow Charter access to this app.

7) don't know
guppy_fish
Premium
join:2003-12-09
Lakeland, FL
kudos:3

Price doesn't matter

Charter will buy regardless the price, and then make up for it with price increases and new made up fees ... Its going to happen

IowaCowboy
Iowa native
Premium
join:2010-10-16
Springfield, MA
kudos:1

Hope TWC reincorporates in Nevada

Nevada has laws against hostile takeovers. They should file for incorporation in Nevada.
wildthing202

join:2007-08-14
Douglas, MA

Re: Hope TWC reincorporates in Nevada

»mobile.bloomberg.com/news/2014-0···ets.html

If the takeover happens we along with NYC and NC goes to Comcast.

IowaCowboy
Iowa native
Premium
join:2010-10-16
Springfield, MA
kudos:1

Re: Hope TWC reincorporates in Nevada

I hope Maine goes to Comcast.

TWCbad

@rr.com

Re: Hope TWC reincorporates in Nevada

We in the state of NC hope so much that Comcast takes over TWC that has let there systems go to crap in this state due to many laws they made to prevent anyone from entering the market. We are a tech center yet the best speed we can get are 50/5 for over 100 a month and good luck getting all that speed and for it to work more than a week.

Comcast is far better even in places you can't even get DSL. They know how to keep up a network unlike TWC.

Tonice2007
Premium
join:2005-12-20
Brooklyn, NY
Reviews:
·Time Warner Cable

Re: Hope TWC reincorporates in Nevada

said by TWCbad :

We in the state of NC hope so much that Comcast takes over TWC that has let there systems go to crap in this state due to many laws they made to prevent anyone from entering the market. We are a tech center yet the best speed we can get are 50/5 for over 100 a month and good luck getting all that speed and for it to work more than a week.

Comcast is far better even in places you can't even get DSL. They know how to keep up a network unlike TWC.

What is the use of Comcast knowing how to "upgrade" and maintain their network? They can offer all the speed in the world but it would be useless with the caps. Anybody can create a network where you can download as fast light (fiber optics) but with a cap, it's useless. Like the celluar networks, they are upgrading their download speeds (network) but with a 2GB cap or what ever, what's the use a HD movie is about 2 GB...

TWCbad

@rr.com

Re: Hope TWC reincorporates in Nevada

said by Tonice2007:

said by TWCbad :

We in the state of NC hope so much that Comcast takes over TWC that has let there systems go to crap in this state due to many laws they made to prevent anyone from entering the market. We are a tech center yet the best speed we can get are 50/5 for over 100 a month and good luck getting all that speed and for it to work more than a week.

Comcast is far better even in places you can't even get DSL. They know how to keep up a network unlike TWC.

What is the use of Comcast knowing how to "upgrade" and maintain their network? They can offer all the speed in the world but it would be useless with the caps. Anybody can create a network where you can download as fast light (fiber optics) but with a cap, it's useless. Like the celluar networks, they are upgrading their download speeds (network) but with a 2GB cap or what ever, what's the use a HD movie is about 2 GB...

Time warner cable throttles Netflix and youtube like mad. Look up the word "throtting" on youtube and guess who is at the top of that list. They may not say they have a cap, but they do. Comcast only has a softcap that they don't even really enforce but at lest they tell you how it is than flat out lie about every thing.

They think 60% packet loss is fine and that 1/3rd of the up to speed is also fine and unless you sue them they say nope no fix for you.

If a 300GB soft cap is the cost of getting an ISP who throttles more than any other, who is slower, who is more outdated and could care less about most on there network than so be it. Because no one else can enter this state thanks to it's anti-broad band bill. (Kid you not that's what it is called)

The RDU is a freaking joke internet wise to those moving from up north with Comcast or Verizon fios. If any ISP were "useless" it's not Comcast. TWC needs to pay for it's lack of leader ship and this buy out will throw out that bad leader ship that has lead to a loss of over 200k subs.

That's not even to say they cost more than Comcast does anyway you look at it.
said by TWCbad :

We in the state of NC hope so much that Comcast takes over TWC that has let there systems go to crap in this state due to many laws they made to prevent anyone from entering the market. We are a tech center yet the best speed we can get are 50/5 for over 100 a month and good luck getting all that speed and for it to work more than a week.

Comcast is far better even in places you can't even get DSL. They know how to keep up a network unlike TWC.

Lets get it done....Good riddens TWC

anon1

@verizon.net

Comcast

Save the day and buy Time Warner please!