Cablevision's overlap with Verizon FiOS makes it an unattractive acquisition target, analyst says

Whether it's Charter Communications' (NASDAQ: CHTR) proposed acquisitions of Bright House and Time Warner Cable (NYSE: TWC) or Comcast's (NASDAQ: CMCSA) failed attempt to buy Time Warner Cable, consolidation in the cable industry is rampant. One cable MSO that has yet to make a big move in either being acquired or buying another company is Cablevision (NYSE: CVC). Although speculation has emerged that Cablevision could be the next takeover target, MoffettNathanson analyst Craig Moffett wrote that Cablevision's significant overlap with Verizon FiOS and its "overvalued" share price make it an "un-acquirable asset." FierceCable has this report.

Suggested Articles

Deutsche Telekom's T-Systems subsidiary has deployed VMware's disaster-recovery-as-a-service platform on its Dynamic Services for Infrastructure (DSI…

Google is investing 3 billion euros ($3.3 billion) to expand the company's data footprint across Europe over the next two years.

When it comes to its fiber deployments, Verizon is hitting its stride, according to Verizon Chairman and CEO Hans Vestberg.