Verizon Exploring Combination With Cable Firm Charter Communications - News Summed Up

Verizon Exploring Combination With Cable Firm Charter Communications


Verizon Communications Inc. is exploring a combination with Charter Communications Inc. that would unite two giants in search of growth in a rapidly consolidating media and telecom landscape, according to people familiar with the matter. Verizon CEO Lowell McAdam has made a preliminary approach to officials close to Charter, which has a market value of more than $80 billion. Verizon is working with advisers to study a potential...


Source: Wall Street Journal January 26, 2017 14:12 UTC



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