Charter's acquisitions make it legit ILEC and CLEC business threat

Sean Buckley, FierceTelecomCharter 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. 

Suggested Articles

Apple TV+ could close in on Netflix-like subscriber totals in just a few years following its launch.

Netflix investors are anxiously awaiting the company’s third-quarter earnings report next week, and hoping for a return to domestic subscriber growth.

New streaming services like Disney+ and HBO Max will cause a big jump in U.S. SVOD spending next year.