Comcast, Time Warner Cable, Cox and Cablevision may be known today as the top five U.S. cable operators, but like the wireline telco industry they achieved their dominant positions by purchasing a number of smaller, regional operators, including major providers like Optimum West and wholesale provider Duke Net.
If Charter Communications is successful in acquiring fellow cable MSOs Time Warner Cable and Bright House, it could alter the dynamics of the Ethernet market once again.
All four Tier 1 wireless operators will either partner, acquire or be acquired by a pay-TV provider, according to Tim Horan, an analyst with Oppenheimer. Specifically Horan theorizes that either Comcast or Charter will purchase T-Mobile US.
If there was one common theme the top cable MSOs saw in the second-quarter results, it was that broadband subscriptions continued to rise as more video customers cut the cord in favor of online video alternatives like Netflix and Hulu.
Cable, satellite and telco-based TV operators lost more than 300,000 video customers in the second quarter, a tally on par with the nearly 320,000 subscribers lost during the same period of 2014.
Charter Communications has begun ramping up its lobbying efforts to get regulators to approve its proposed mergers with Time Warner Cable and Bright House Networks. Specifically, the company has filed applications in favor of the transactions with the New York Public Services Commission and California's Public Utilities Commission. The company has also hired four new lobbying firms, according to a report in The Hill, a move that raises its total number of outside consulting firms to nine.
The FCC announced that it has begun a review of Charter's proposed purchases of both Time Warner Cable and Bright House Networks.
Charter Communications has begun marketing $13.8 billion in loans as part of its planned $56.7 billion purchase of Time Warner Cable, according to Bloomberg, which cited anonymous sources.
Forced to lick his financial wounds after the collapse of the Comcast-Time Warner Cable deal with a relatively pedestrian 2014 salary of just $34.6 million, TWC CEO Rob Marcus can once again sleep soundly, knowing that his retirement savings plan is back on sound footing.
I was sitting with a Suddenlink executive in the press room at INTX in Chicago two weeks back. I had just covered the "Captains o' Cable Industry" keynote, during which Cablevision's James Dolan notoriously proposed corporate marriage to Time Warner Cable's Rob Marcus right on stage as Charter's Tom Rutledge and several other CEOs looked on in horror.