Time Warner Cable and Bright House Networks will be phased out after Charter Communications Inc. closes its $55.1 billion purchase of Time Warner on Wednesday.
Federal regulators on Monday approved Charter’s $67 billion bid to buy Time Warner Cable and Bright House Networks, two companies that have about 240,000 customers in Indiana.
Even though most residential customers can easily meet most of their Internet needs with speeds of about 100 megabits per second, Internet service providers are aggressively rolling out gigabit—1,000 mbps—offerings nationwide.
Charter Communications Inc.’s deal to buy Bright House for $10.4 billion is now in jeopardy because it had depended on Comcast Corp. closing its now-defunct merger with Time Warner Cable Inc.
Comcast is prepared to call off the deal if concessions needed to win federal approval are too strict, according to people familiar with the matter. The merger, if completed as planned, would shake up the cable industry in central Indiana.
GreatLand Connections Inc. is geared to replace Comcast Cable in Indianapolis and some other markets in 2015, and the switch could bring changes in offerings, rates and service.
Digital technology ushered in over the last five years allows television stations to squeeze four signals into the broadcast spectrum a single analog signal occupied.
A full season of televised games will give franchise a platform to promote attendance at Victory Field.