Charter considers raising TWC bid this month

4 Feb 2014

Charter Communications is considering raising its bid for Time Warner Cable (TWC) within the next fortnight, Reuters reports, citing people familiar with the matter. A new price of around USD142.50 per share has been discussed, but no decision has been made, the source added. Charter’s current bid stands at USD132.50 per share, valuing the US giant at USD37.3 billion.

The deal, which was proposed last month, would have given TWC shareholders 45% ownership of the combined company. Charter said that it was forced to go public with its offer because of a lack of interest from Time Warner’s management in its efforts to purchase the firm.

United States,Charter Communications (Spectrum), Time Warner Cable (Spectrum),



Have feedback, corrections, or story ideas? Send them to

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
  • Regulators

Learn more about advertising on CommsUpdate.