TeleGeography Logo

Charter rejected USD100bn Verizon takeover, reports says

2 Jun 2017

Verizon Communications has made a takeover offer for Charter Communications worth more than USD100 billion, the New York Post reports, citing three separate sources. However, the bid – which was in the region of USD350 and USD400 per share – was rejected by Charter parent company Liberty Media as being too low. Verizon CEO Lowell McAdam has previously been quoted as saying that a tie-up with Charter makes ‘industrial sense’.

United States, Charter Communications (Spectrum, incl. Spectrum Mobile), Liberty Media, Verizon Communications

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.