Charter to buy Optimum West from Cablevision for USD1.6bn

8 Feb 2013

Charter Communications has confirmed that it will buy Cablevision Systems’ western cable assets, known as Optimum West, for USD1.625 billion. In June 2010 Cablevision agreed to buy a controlling stake in smaller cable rival Bresnan from Providence Equity Partners in a debt and equity deal worth USD1.37 billion, going on to rebrand it Optimus West. Charter, Time Warner Cable (TWC) and Suddenlink Communications all made offers for the unit, but it is believed that Charter had the edge because its CEO, Tom Rutledge, was previously Cablevision’s former chief operating officer.

United States, Cablevision Systems (US), Charter Communications,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share