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Huawei to build Malaysia-Cambodia-Thailand submarine cable
2015-05-26 01:52:00| Telecompaper Headlines
(Telecompaper) Submarine network provider Huawei Marine Networks has signed a system design and construction agreement with a consortium comprising Telekom Malaysia, Symphony Communication and Telcotech to build the Malaysia-Cambodia-Thailand (MCT) submarine cable system. The MCT cable system adopts 100G technology with a total design capacity exceeding 30 Tbps. The system will be commissioned and ready for commercial service by end-2016.
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Charter set to announce Time Warner Cable acquisition
2015-05-25 19:56:32| Telecom - Topix.net
Charter may announce a three-way proposal to buy Time Warner Cable and a smaller cable provider, Bright House, as early as Tuesday, a person close to the talks confirmed on Monday. Before the holiday weekend, Time Warner Cable stock closed at an all-time high of $171.18, amid speculation that a bid by Charter was imminent.
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Charter nears US$55 billion deal for Time Warner Cable: source
2015-05-25 19:56:31| Telecom - Topix.net
Charter Communications Inc is nearing a US$55 billion agreement to acquire Time Warner Cable Inc, combining the third- and second-largest U.S. cable operators, a person familiar with the matter said on Monday. REUTERS: Charter Communications Inc is nearing a US$55 billion agreement to acquire Time Warner Cable Inc, combining the third- and second-largest U.S. cable operators, a person familiar with the matter said on Monday.
Charter close to deal to buy Time Warner Cable - report
2015-05-25 19:01:00| Telecompaper Headlines
(Telecompaper) Charter Communications is close to winning the bidding for Time Warner Cable with an offer of USD 55 billion, the Financial Times reports. People familiar with the matter said the two companies were in discussions over the holiday weekend in the US. One person informed on the talks said that Charter was prepared to pay a large premium to secure Time Warner Cable. The company is expected to offer USD 195 per share for TWC in a combination of cash and shares, giving the company an enterprise value of USD 78 billion, including USD 22 billion in debt. As part of the TWC deal, Charter will complete its proposed takeover of Bright House Networks and merge the three groups into a single entity that will have a total of 23 million customers. This would make it the second-largest cable operator in the US, just behind Comcast with 27 million customers. Charter's offer for TWC is 23 percent higher than what Comcast bid last year for the company.
Time Warner Cable Receives Buy Rating from Wunderlich
2015-05-24 01:22:03| Telecom - Topix.net
Several other analysts have also recently commented on the stock. Analysts at Barclays initiated coverage on shares of Time Warner Cable in a research note on Wednesday.
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