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Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an enterprise basis – comprised of $21.9 billion…
Comcast surpassed first-quarter expectations on Thursday even as the company lost broadband customers amid heightened competition. While domestic broadband revenue was up 1.7% to $6.56 billion, Comcast lost 199,000 total domestic broadband customers, reflecting the continued pressure on the cable giant’s cornerstone business. Competition has ramped up in recent years due to the rise of…
10’000 Hours | Digitalvision | Getty Images Cable companies are increasingly calling on mobile for their next big opportunity. The cable industry’s foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than a decade after cable giants like Comcast and Charter Communications jumped into the mobile business, the…
Wall Street may be past the worst of the tariff headlines two weeks after the initial April 2 announcement — as President Donald Trump endeavors to accomplish enormous trade deals during his 90-day pause — but volatility will continue to be a mainstay of the stock market for the foreseeable future. Investors wrapped up yet…
Members of the Los Angeles Dodgers celebrate on the field after winning Game 5 to win the 2024 World Series presented by Capital One between the Los Angeles Dodgers and the New York Yankees at Yankee Stadium on Oct. 30, 2024. Mike Lawrence | Major League Baseball | Getty Images As Major League Baseball’s spring…
