Charter Communications (Nasdaq: CHTR), which has been buying and selling properties here, there and everywhere as it consolidates its holdings around certain markets, is now swapping some systems in the Southeastern U.S. with James Cable. The latest deal will net Charter about 4,000 additional subscribers as it gives James Cable properties in Georgia with about 5,500 customers, and gets back markets in Georgia and Alabama with 9,500 subscribers.
The swap comes after Charter added properties in both states in March through a deal to buy some Windjammer properties. It also comes just days after Charter acquired U.S. Cable systems in Missouri serving about 16,000 customers, a deal which itself came months after Charter sold other Missouri properties to CoBridge Communications.
- see this CED Magazine post
Charter sold Missouri systems to CoBridge last summer
Charter bought U.S. Cable properties last month
Charter acquired Windjammer systems in March