Exciting news, Comcast has announced its plans to acquire Time Warner Cable for $45B in an all-stock transaction! This acquisition, might leave you wondering, why is this so exciting? How will this affect me?
With the acquisition Comcast will cover over 65% of the major markets in the US. We’re anticipating that by joining forces, Comcast will be able to leverage its expanded assets and resources to lower costs and better compete with AT&T, Verizon, and CenturyLink nationwide.
There are still regulatory hurdles to clear for this deal to be finalized, but the companies look ready to shed subscribers to charter and others’ to keep the combined size of the company under the limit that will cause heartburn to regulators. Comcast will also assert that they don’t overlap with Time Warner, so this combination won’t limit options to the consumers in any way. We’re speculating, of course, but think there is a high likelihood of this deal going through.
Whether the deal goes through or not, Teltek is the perfect partner for your future. Teltek has invested heavily through our strategic relationships to build a strong cable practice. Through our partnerships and core expertise we can help our customers select, deploy and manage their business internet needs. We’re excited for what’s coming with the Time Warner acquisition and look forward to continuing to help our customers with best in class connectivity solutions for their business.
For more information on our internet services and to find out how Teltek can help you save 15-45% off your total communications expenses please visit us on the web or give us a call for a complete evaluation of your needs.
Teltek is a Certified Avaya Business Partner, NEC Dealer, and Microsoft Partner with two locations in the Baltimore Metropolitan area. We specialize in providing one call technology support for small to mid-sized businesses and nonprofits in Maryland, Washington, DC and Virginia.