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.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors