TWC enters into dialogue with Cox, Cablevision

1 Jul 2013

According to Reuters, Time Warner Cable (TWC) intends to resist ongoing overtures from John Malone’s Liberty Media, and has contacted both Cablevision and Cox Communications to sound out any possible merger potential with them in recent months. According to three people familiar with Time Warner Cable’s thinking, neither negotiation has progressed to ‘serious consideration’ of a transaction.

As previously reported by TeleGeography’s CommsUpdate, in May Liberty Media CEO Greg Maffei met with TWC chief executive Glenn Britt to discuss a potential deal between the two industry giants. However, concerned by Liberty’s interest, TWC re-engaged with long-time advisor Morgan Stanley, and hired an outside PR firm in case it needed to defend itself against a more public onslaught.

United States, Cablevision Systems (Optimum), Cox Communications, Time Warner Cable (Spectrum)