Tag: Charter Communications
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Charter Communications is Buying Liberty Broadband
Charter Communications has announced a definitive agreement to acquire Liberty Broadband in an all-stock transaction, streamlining its ownership structure and consolidating its position in the telecommunications industry. The deal, valued at approximately $2.6 billion, will see Liberty Broadband’s shareholders receive 0.236 shares of Charter common stock for each share of Liberty Broadband common stock they…
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Charter Fined $15 Million For Failing to Notify 911 Call Centers & FCC About Phone Outages
The FCC has fined Charter Communications $15 million after an Enforcement Bureau investigation into the telecom giant failed to comply with 911 and network outage rules. Marketed by the trade name of Spectrum, Charter agreed to pay the fine as part of the settlement, and admitted to violating the FCC’s rules by failing to notify…
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Charter CEO Says the 5G Home Internet Threat to Spectrum is ‘Temporary’ as He Throws Shade at Rivals
Spectrum lost 61,000 internet customers in the fourth quarter, even as the wireless carriers boast huge growth in 5G home internet service. But Christopher Winfrey, CEO of Spectrum parent Charter Communications, doesn’t seem too fazed. “We continue to believe the impact from fixed wireless is temporary,” Winfrey told analysts during a Friday call to discuss…
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Spectrum Strikes New Streaming Deal Similar to Its Free Disney+ Offer
Charter Communications, the parent company of Spectrum TV, struck a deal carriage deal with TelevisiaUnivision that includes a free streaming service offer for some of its subscribers. The two companies struck a new multi-year deal that keeps broadcast channels such as Univision and several cable networks like Galavisión in the Spectrum TV lineup. In addition,…
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Spectrum Cable TV Subscribers Now Get Ad-Based Disney+ For Free
Spectrum on Thursday said that all subscribers of its TV Select packages will get the ad-based version of Disney+ for free at no additional cost. Subscribers who can go here to sign up for a Disney+ Basic subscription. Customers with an existing Disney+ subscription can go to the service’s app or site to change their…
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Spectrum is Raising Prices for its Cable TV Services and Low-Income Internet Program
Spectrum is quietly raising the rates for some of its services, the second time in less than six months that it is rolling out a price hike. The cable company, owned by Charter Communications, sent a notification to some customers warning them of the increase. Noteworthy is another increase to the Spectrum Internet Assist, which…
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Spectrum Cable TV is Reportedly Buying a Small Cable TV Company For $5 Million
A small city in Michigan is selling its city-owned cable system to Charter Communications for an estimated $5 million. City officials in Norway, Michigan, have decided to sell the city’s cable infrastructure after reviewing all options. Last week, City Manager Dan Stolman was authorized to begin the sale to Charter Communications. Three other bidders were…
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The ‘Triple Play’ Bundle For Phone, Cable TV, and Internet is Slowly Dying
The “triple play” bundle of fixed services that included phone, television, and internet service was once a staple of homes, with cable TV and telecom providers pushing to sign up for their package of services. But as a result of cord cutting, it’s expected to see a steady decline over the next several years. The…
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The Recap: Comcast Price Hikes, DIRECTV-Tegna Fight Gets Uglier, and More
It’s been about a week or so since the last price hike from a cable or streaming service, so we’re overdue. The latest to warn customers that its prices were going up is cable giant Comcast, which said the increases would take effect later this week. It follows price hikes from DIRECTV, DISH, and pretty…
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Cable TV’s Free Fall Continues as Cord Cutters Are Expected to Push Subscriptions to a New Low
The percentage of households subscribing to traditional pay TV providers like Comcast, Charter, or DIRECTV is expected to hit a new low of just under a third of U.S. households by 2028, as the number of cord cutters and “cord nevers” surges, according to research firm GlobalData. That’s a significant decline from this year, with…