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Charter preparing bid for Time Warner Cable - report

2015-04-27 09:29:00| Telecompaper Headlines

(Telecompaper) Charter Communications could soon make a bid for Time Warner Cable (TWC) following its failure to merge with Comcast, the Wall Street Journal reported, citing people familiar with the matter. John Malone, a backer of Charter and part of Liberty Broadband believes further consolidation would be good for the US cable industry, helping companies deal with the stagnating pay TV business and prompting investments to capitalise on growth in broadband as streaming video takes off.

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