Comcast and Time Warner Merger

Posted on Feb 13 2014 - 12:26pm by Kyle Morris

Comcast-Time-Warner-Cable-618x400

Comcast has announced today that they plan to buy 100% of Time Warner Cables stocks for $45.2 billion.

“This transaction will create a leading technology and innovation company, differentiated by its ability to deliver ground-breaking products on a superior network while leveraging a national platform to create operating efficiencies and economies of scale.”

The question is, will the appropriate authorities approve this merger, that many will argue, will create a monopoly in the business.

Source

About the Author

I am an all around tech junkie that is addicted to mobile technology. I have a BS degree in Management Information Systems with a minor in Finance and Banking, run a small business and have been involved in numerous .com start ups. If you have any questions, concerns, ideas or just want to chat, feel free to contact me.

  • http://gizmofusion.com/ Bryan

    This is nuts Kyle. Let’s hope they do not allow it.