Charter Communications' (NASDAQ: CHTR) $56.7 billion purchase of Time Warner Cable (NYSE: TWC), and simultaneous $10.4 billion grab of Bright House Networks immediately vaults the company into the No. 2 position among U.S. broadband service providers, and the No. 3 slot for U.S. pay-TV suppliers. But the deals will also render Charter a bigger threat to incumbent local exchange carriers (ILECs) and competitive local exchange carriers (CLECs) in the business market segment. FierceTelecom's Sean Buckley examines this under-discussed angle to these huge mergers in this post.