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Charter, Time Warner Cable to Meet Next Week to Talk Merger

As we noted last week, Charter executives reached out to Time Warner Cable about a new merger just hours after the Comcast deal was confirmed dead. Insiders tell CNBC that Charter CEO Tom Rutledge was the executive that contacted Time Warner Cable about the deal, and the two companies will be meeting sometime next week to hash out the particulars. The meeting is expected to take place after Time Warner Cable announces its upcoming first quarter earnings report.

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Ut98Ex
join:2012-07-11
Georgetown, TX

Ut98Ex

Member

Really?

Why exactly is there such an itch to merge? TWC upper management is not interested in anything but making a quick buck for themselves in a buyout. Making the company bigger will not fix the crappy customer service and magically provide faster speeds for all of their users. SMH...

trparky
CYA! I'm gone!
Premium Member
join:2000-05-24
Cleveland, OH

trparky

Premium Member

Re: Really?

That's because the douchebag of a CEO that Time Warner Cable has (Robert Marcus) only wants his $80 Million to sell the company. In fact, that's why the guy was named the CEO... to sell the company. If he sells the company it's an instant payday for the guy.

Robert Marcus doesn't care one damn tiny bit about the company, the customers, or the employees of Time Warner Cable. He is the very embodiment of everything that's wrong in Corporate America. As long as he gets his payday, to hell with the company.

We can also lump Lowell "McDouchebag" McAdams of Verizon into the same category of horrible CEOs. Randall Stephenson of AT&T as well. All about the bottom line and to hell with the future of the company.
Timothy28
join:2006-05-13
Lewisville, TX

Timothy28

Member

Re: Really?

Exactly, that's his only motivation for this his $80 million payout.

hobgoblin
Sortof Agoblin
Premium Member
join:2001-11-25
Orchard Park, NY

hobgoblin to trparky

Premium Member

to trparky
said by trparky:

CEO that Time Warner Cable has (Robert Marcus) only wants his $80 Million to sell the company.

said by trparky:

In fact, that's why the guy was named the CEO

You dont make sense, first you say that he only wants to sell the company to get his payout, and then you say he was named CEO to sell the company. As he did not name himself CEO surely then he is just doing the job he was hired and being paid for.

You cant have it both ways!

Hob

trparky
CYA! I'm gone!
Premium Member
join:2000-05-24
Cleveland, OH

trparky

Premium Member

Re: Really?

Yes, that was the job that he was hired to do, yes I understand that but that's the most despicable thing about it. Who the hell appointed him as CEO?

hobgoblin
Sortof Agoblin
Premium Member
join:2001-11-25
Orchard Park, NY

hobgoblin

Premium Member

Re: Really?

said by trparky:

Who the hell appointed him as CEO?

The shareholders

Hob

JCris
@mindspring.com

JCris

Anon

Re: Really?

No, it wasn't the shareholders. It was the board of directors.

hobgoblin
Sortof Agoblin
Premium Member
join:2001-11-25
Orchard Park, NY

hobgoblin

Premium Member

Re: Really?

"No, it wasn't the shareholders. It was the board of directors. "

Who represent the shareholders

Hob

why60loss
Premium Member
join:2012-09-20

why60loss to trparky

Premium Member

to trparky
said by trparky:

Yes, that was the job that he was hired to do, yes I understand that but that's the most despicable thing about it. Who the hell appointed him as CEO?

So are you going to tell me that you would turn down a $80 million dollar check and let the next guy walking in the door get it?

Shareholders said we want out, they hired this guy and now is he doing the best job he can to do what his employers(The shareholders) have asked him to do.

Don't think TWC is being the good guy with no caps and stuff. It's all smoke to ram a deal though so they don't have to be in business any longer. If the shareholders ever think they are stuck with the bag so to speak things will get real ugly real quick.
elray
join:2000-12-16
Santa Monica, CA

elray

Member

Re: Really?

said by why60loss:

Don't think TWC is being the good guy with no caps and stuff. It's all smoke to ram a deal though so they don't have to be in business any longer. If the shareholders ever think they are stuck with the bag so to speak things will get real ugly real quick.

TWC has been fantastic for us in greater Los Angeles since taking over for Adelphia (and its predecessors.) As with all companies, you have to be a responsible consumer - read your bill, shop for rates and negotiate annually, but their service is and has been far superior to the alternatives for some time.

They are the "good guy" in my book.

why60loss
Premium Member
join:2012-09-20

why60loss

Premium Member

Re: Really?

said by elray:

said by why60loss:

Don't think TWC is being the good guy with no caps and stuff. It's all smoke to ram a deal though so they don't have to be in business any longer. If the shareholders ever think they are stuck with the bag so to speak things will get real ugly real quick.

TWC has been fantastic for us in greater Los Angeles since taking over for Adelphia (and its predecessors.) As with all companies, you have to be a responsible consumer - read your bill, shop for rates and negotiate annually, but their service is and has been far superior to the alternatives for some time.

They are the "good guy" in my book.

You never had to deal with there tech support in an area with limited options then. I read my bill every month, I mailed in payment my self every month and I called every week I had the service to complain about how much it sucks.

I sent an E-mail to HQ, did a complaint to the BBB and all they could tell me was that %60 packet loss is "just cable".

This whole F**king business has this "You get what you get and kiss our feet that you even get ANY service at all even with %90 downtime."

You never got a call that 100GB doing Netflix was abuse so truthfully you can take be a responsible customer to someone else who didn't go to collage and doesn't pay there bills on time.

Comcast is the "good guy" in book because the techs knew what the heck internet was and that it didn't just consist of the said ISP's homepage.

I negotiated more like every other month for BS fees they kept adding for the tech calls and upgrading my internet with out asking me.

How many mother F**king desktops, laptops and cat 5/6 cables right to the modem do I need to show it's not just my stuff not working. Oh wait I will just pull out my cell phone and show them that 3G works far better on the same PC via tethering.

Oh wait the tech doesn't know what this as well so $100 to the bill because your connection is working "fine" because clearly I was paying TWC for 3G cell phone internet not coax based internet.

Did you get a bill for $55 just for 40GB then a $60+ overage on just less than 100GB in total?

I get the kind of uptime out of Comcast that before I thought only business internet could get, and get speeds in the real world not that crappy "up to" legal cover there ass talk that blew my mind.

If I could do it over again I would have filed a small claims court suit for the $90+$15 fee after setting up video cams of tech visits and getting there consent to be recorded with every phone rep to also agree to being recorded.

I am %100 sure I would have lost because there TOS is called they get to take your money and in return whether you get service or not that doesn't matter because they don't back you getting ANYTHING in return.

Already dealt with that when Century link made me pay for a whole month of non working internet and yes they told me it was down but it would work again when it does.
elray
join:2000-12-16
Santa Monica, CA

elray

Member

Re: Really?

said by why60loss:

You never had to deal with there tech support in an area with limited options then. I read my bill every month, I mailed in payment my self every month and I called every week I had the service to complain about how much it sucks.

Actually, I deal with tech support quite often for TV-related issues for my kin. I haven't found it to be a problem at all.

In our personal case, we don't have limited options. We have no other option, though, unlike Comcast, I don't think TWC has the geo-intel to know they "have" us.

I've worked with every ILEC, the few DLECs, and all of the major MSOs for a very long time. TWC in Socal has been the best experience to date.

why60loss
Premium Member
join:2012-09-20

why60loss

Premium Member

Re: Really?

said by elray:

said by why60loss:

You never had to deal with there tech support in an area with limited options then. I read my bill every month, I mailed in payment my self every month and I called every week I had the service to complain about how much it sucks.

Actually, I deal with tech support quite often for TV-related issues for my kin. I haven't found it to be a problem at all.

In our personal case, we don't have limited options. We have no other option, though, unlike Comcast, I don't think TWC has the geo-intel to know they "have" us.

I've worked with every ILEC, the few DLECs, and all of the major MSOs for a very long time. TWC in Socal has been the best experience to date.

I have tried the old "I am going to U-verse if you don't fix this" line and they always have said to me "We know you don't get that in your area so good luck getting them to wire you up."

Yes TWC does have the geo-intel to know what an area can or can't get.

As to tech support, useless phone reps do a ton of good when they have no power and they send techs out that can't do anything because management has your area on the don't care about it list.

Maybe in the big LA area they care, but in smaller areas they don't. Comcast does or at lest they cared about giving 150/20 to a town with a pop of 10,000. TWC isn't going to do that anytime soon.

When I said limited options I meant 5mbs DSL from Century link and TWC. With Comcast they are the only option as Verizon cut off the 1mbs DSL option if you can call it that.

Guess I will find out soon if they still suck or not.

Hmm
@rr.com

Hmm to trparky

Anon

to trparky
Well if you think you could do better, VZ will sell you and anyone else who want it part of their network to show the others how to manage and keep a company going. And CEOs that are hired to sell what they have don't need to give a damn about the customers, their job is to SELL the company as they were hired to do. And employees? Since when has any company ever cared about who they have working for them? The unions don't even care about their members. They only care about the $$$ that they pay in every pay check.
Satch
join:2009-11-25

Satch to trparky

Member

to trparky
said by trparky:

That's because the douchebag of a CEO that Time Warner Cable has (Robert Marcus) only wants his $80 Million to sell the company. In fact, that's why the guy was named the CEO... to sell the company. If he sells the company it's an instant payday for the guy.

Robert Marcus doesn't care one damn tiny bit about the company, the customers, or the employees of Time Warner Cable. He is the very embodiment of everything that's wrong in Corporate America. As long as he gets his payday, to hell with the company.

We can also lump Lowell "McDouchebag" McAdams of Verizon into the same category of horrible CEOs. Randall Stephenson of AT&T as well. All about the bottom line and to hell with the future of the company.

Sure seems like Rob is no Glen Britt,

Glenn cared more about the company and rejected ALL mergers. Rob just wants the buyout to make him $80 million richer.

Satch

Hmm
@rr.com

Hmm to Ut98Ex

Anon

to Ut98Ex
Actually TWC doesn't want to be in business any longer. So the only option is to sell the company out. That is what the shareholders want. If they didn't want to sell the company they would not have approved any sale with Comcast. TWC refuses to invest in the network, much of the network will never be able to handle much of the speeds anytime in the next 5 years so it will take massive investments that they REFUSE to do and have for years now.

Plus it makes sense from an MSO stand point to merge to compete with xDSL and Fiber deployments. Vertical integration always makes sense when you don't compete.

hobgoblin
Sortof Agoblin
Premium Member
join:2001-11-25
Orchard Park, NY

hobgoblin

Premium Member

Re: Really?

said by Hmm :

TWC refuses to invest in the network, much of the network will never be able to handle much of the speeds anytime in the next 5 years so it will take massive investments that they REFUSE to do and have for years now.

I am not really sure where people dig this nonsense up from.

Hob
smcallah
join:2004-08-05
Home

smcallah to Hmm

Member

to Hmm
TWC has been upgrading its network for months now. Especially in the Carolinas for the Maxx deployment that is starting in the next month.

They've spent a lot of money.

TheMonehs
@wildblue.net

TheMonehs to Ut98Ex

Anon

to Ut98Ex
Supposedly (this comes from not the best source), they're on the verge of bankruptcy.

hobgoblin
Sortof Agoblin
Premium Member
join:2001-11-25
Orchard Park, NY

hobgoblin

Premium Member

Re: Really?

"Supposedly (this comes from not the best source), they're on the verge of bankruptcy."

Oh my word!
Have you seen their First quarter results?

Hob

ham3843
join:2015-01-15
USA

ham3843

Member

A thousand times .....no to this merger...DOJ must maintain consistency.

DOJ needs to bar this merger as well, not to mention the DirecTV - AT&T merger.

No, no, a thousand times no, all these mergers do is make filthy rich
Ivory Tower cretin CEOs even richer. It does nothing to improve the health of any company, nor improve service to the consumer.

jdrtech
join:2004-08-01
Richmond Hill, NY

jdrtech

Member

Re: A thousand times .....no to this merger...DOJ must maintain consistency.

Oh wait...*NEWS FLASH* time warner merger talks with verizon fios...LOL

EGNin
@pepperdine.edu

EGNin to ham3843

Anon

to ham3843
On what grounds could the DOJ block this merger. Charter + TimeWarner + Brighthouse + a few others and they still would be less than half the size of Comcast.

why60loss
Premium Member
join:2012-09-20

why60loss

Premium Member

Re: A thousand times .....no to this merger...DOJ must maintain consistency.

said by EGNin :

On what grounds could the DOJ block this merger. Charter + TimeWarner + Brighthouse + a few others and they still would be less than half the size of Comcast.

Now on internet sub count that is total BS. On broadband sub count and on market cap you might be right. With TWC selling such slow out dated internet in many places most of it's customers don't even meet the 25/4 standard for "broadband" now.

Simba7
I Void Warranties
join:2003-03-24
Billings, MT

Simba7 to EGNin

Member

to EGNin
said by EGNin :

On what grounds could the DOJ block this merger. Charter + TimeWarner + Brighthouse + a few others and they still would be less than half the size of Comcast.

Give it time. Charter is already getting too big for its britches.
mikesco8
join:2006-02-17
Southwick, MA

2 edits

mikesco8 to ham3843

Member

to ham3843
I was strongly opposed to the Comcast / Tw merger, but do not think a Charter / TW merger causes the same problems. #1 Charter and Time Warner combined would still be smaller than Comcast. #2 Charter also does not currently have CAPS and has not used their market position to extort interconnection agreements and is somewhat more consumer friendly. #3 They do not own broadcasting or content companies which causes a conflict of interest.
I am not saying I want the merger as I am skeptical, but I could see doable conditions that would make it acceptable, I saw nothing that could be done to make a Comcast merger acceptable.
By the way #1 condition should be to divest tw owned regional sports networks, #2 condition should be for permanent no CAPS agreement. Bonus I would also like to see a minimum 25/3 mbps internet only tier agree to be offered at no more than $40 per month.
jjeffeory
jjeffeory
join:2002-12-04
Kingman, AZ

jjeffeory

Member

Charter Channel Guide

...is inferior to TWC, and really behind U-Verse, FiOS, DirecTV, Comcast (X1), and Dish. Also behind Cox. So, I would hope they could fix that.
Techie01
join:2014-11-21
USA

Techie01

Member

Re: Charter Channel Guide

They are making one. It's being beta tested right now in the Texas market.
jjeffeory
jjeffeory
join:2002-12-04
Kingman, AZ

jjeffeory

Member

Re: Charter Channel Guide

Excellent!

CharterGuide
@charter.com

CharterGuide

Anon

Spectrum Guide

Charter is in the process of rolling out their new guide, far better than what is currently being used.

»www.myaccount.charter.co ··· eid=3373