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US: Cable industry headed for consolidation, say experts

By  |  September 12, 2013

Charter Communications is likely to make a grab for media giant Time Warner Cable, according to analysts at Macquarie Capital.

Experts said Wednesday that Charter may first look to acquire Cox Communications in efforts to strengthen the firm before going for Time Warner. Cox is the nation’s third-largest cable operator.

Analysts’ research by Amy Yong and Andrew DeGasperi suggest the buyout is likely because the market is primed for such consolidation.

A Time Warner buyout is not definite, however, as Time could makes it own move for Cox or Cablevision, Macquarie said.

Full Content: Fox Business

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