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Charter wants to buy TWC


Ja  Rhule

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Charter filed for Bankruptcy 4 years ago and now they want to by TWC. They also don't have cash so they want to use their shares as part of purchase. TWC told em no so now Charter is trying to persuade shareholders to act. Shareholders ask for more cash upfront so Charter will try to get a loan for additional $30 billion. If this to happen, TWC will become Charter and Charter will be crazy in debt. This debt will trickle down to customers... Like u and me. About 5k jobs will be lost in Carolina's.

TWC lost 500,000 customers in last quarter so it's very possible this might just happen.

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What is the biggest reason people prefer cable over DirecTV?

 

I have to be honest, I switched to DirecTV about 12 years ago, never looked back and couldn't be happier. Even when I moved from VA to NC last year, instead of transferring my account and changing my billing info, they set up an entirely new account and gave me all the new account promos, free NFL Sunday Ticket among others.

 

And when I called them a couple months after the move and told them I wasn't yet back to work and would have to cut back on some of my programming, they reduced a bunch of the rates for packages and knocked about $60 a month off my bill.

 

If there ever was another service provider, whether it be ISP, cell phone, utilities, whatever... DirecTV has been the best by a mile when it comes to taking care of the customer in my case anyway.

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I have Charter and it's a love hate relationship. 

 

I am paying $60 a month for high speed internet but I hate the fact that they are the only game in town. How in the hell is there only 1 ISP in my neighborhood (Southern California)? I would love to try FIOS with Directv so I can pair DirecTv with my cellphone (Verizon) but suck ass Charter is my only option.

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Charlotte is a regional office..corporate is in New York.

All the cable companies work together to basically price fix.....same company different name. I hate TWC but they have been oddly good to me the last year in a half...not sure what happened. I am sure it will change soon enough.

 

Yep.  And it's an unspoken rule that they never invade each other's turf.

 

They get around antitrust rules because there's satellite.

 

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Yep.  And it's an unspoken rule that they never invade each other's turf.

 

They get around antitrust rules because there's satellite.

 

 

Hasn't the FCC and the gov't basically deregulated the entire industry to the point they can about do whatever they want and, much like mob families, have agreed to divide the pie so there's enough to keep everyone happy?

 

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