AUSTIN - Charter Communications Inc. has agreed to buy Time Warner Cable Inc. — one of Austin's largest telecommunications providers — in a $55 billion deal that will bring together two of the nation’s largest cable companies.
Charter also said it will buy Bright House Networks for about $10.4 billion, rolling that smaller operation into the merged company.
The combined entity would have 23 million subscribers, second only to Comcast’s 27.2 million customers, according to CNBC.
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