MCN Newswire: Charter Stock Soars; Frontier to Buy Select Verizon Wireline Ops for $10B; Disney Names Staggs COO
Top Stories - February 06, 2015
Charter Stock Soars Charter Communications stock soared as much as 8% each on Thursday after it reported strong fourth-quarter results and reiterated its commitment to closing its series of swaps, sales and spins in the wake of the Comcast-Time Warner Cable merger.more
Cable Business To Do The Splits Charter Communications is in the process of separating its businesses services operations into two groups one that will focus on small- and mid-sized businesses (SMBs), and another that will target larger, enterprise commercial customers and also utilize the operator's new "Spectrum" branding, Tom Rutledge, Charter's president and CEO, said Thursday on the MSO's fourth- quarter earnings call.more
Frontier to Buy Select Verizon Wireline Ops for $10B Frontier Communications has agreed to buy Verizon Communication's wireline operations in California, Florida and Texas for $10.5 billion in cash a deal that will double the regional carrier's size.more
Disney Names Staggs COO The Walt Disney Co. said Thursday that it has named Thomas Staggs as chief operating officer, a move that could put the long-time executive a step closer to the CEO spot expected to open once Disney chief Bob Iger retires in 2018.more
Cablevision Gets Rolling With 'Freewheel' Cablevision Systems has opened up the sales spigot for Freewheel, a WiFi-only voice, data and text service that is initially offered on the Android-powered Moto G smartphone.more
TWC Starts 'Maxx' Upgrades, WiFi Rollout In Dallas Time Warner Cable said it has kicked off "TWC Maxx" all-digital upgrades in the Dallas Metroplex that will pave the way for faster broadband speeds, more channels and VOD, and the operator's new, souped-up HD-DVR.more