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Cable merger future-proofs against Internet's rise

2014-02-04 09:46:16| Telecom - Topix.net

Turns out, buying a cable TV company relies largely on the same principle. Charter Communications Inc.'s $38 billion bid to take over the much-larger Time Warner Cable Inc. is an attempt to future-proof its business by getting its foot in the door of millions more homes wired for Internet service.

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