A French Telecoms Firm Wants to Buy Time Warner Cable

The Comcast - Time Warner mergermay be dead — but that does n’t think the two will keep on on as - is . Now , it appear that the French telecoms house Altice is sniffing around Time Warner Cable .

BothReutersandWall Street Journalreport that the French ship’s company is in advanced talk to buy the regional cable party Suddenlink — which function in DoS including West Virginia , Texas and Louisiana — for $ 9.1 billion . But they also describe that Altice is look to purchase Time Warner Cable , too . It ’s not clear at what stage these plans are , or what the marrow involved might be .

But while the purchase of Suddenlink may be straightforward , buy TWC may be more difficult for Altice , which is lead by Gallic billionaire Patrick Drahi . Time Warner has a $ 44.5 billion market capitalisation , asthe Journal aim out , and it ’s also of stake to other parties — including Charter Communications , that made a dictation last class . It ’s not clear what the future tense of Time Warner Cable holds — but at slew of hoi polloi are very interested in finding out . [ Reuters , Wall Street JournalviaEngadget ]

Dji Drone