TWC Ends Deal Drought

Farrell, Mike
June 2011
Multichannel News;6/20/2011, Vol. 32 Issue 25, p24
The article focuses on the deal between Time Warner Cable Inc. (TWC) and NewWave Communications which ends as the nation's second-largest cable operator agreed to purchase 70,000 subscribers from NewWave Communications for about 260 million dollars in cash. TWC chief operating officer Rob Marcus states that the deal enables the company to expand its cable footprint. Moreover, media analyst David Joyce notes that TWC could lower the programming costs of NewWave by 10% per subscriber.


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