Charter Communications

Sprint reportedly proposes merger with Charter

Sprint reportedly proposes merger with Charter

Seeking an alternative to a deal with T-Mobile USA, Sprint Corporation has reportedly proposed a merger with rival telecommunications giant Charter Inc.

Speaking on the condition of anonymity, a person familiar with the matter revealed that Japan-based SoftBank Group Corp., which controls Sprint, has proposed a complex transaction that would create a new entity that would be controlled by SoftBank.

The sources added that there is no guarantee that Charter would also be interested in the proposed merger.

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Charter to receive $9bn from banks for acquiring nearly 1.4mn TWC subscribers from Comcast

Charter to receive $9bn from banks for acquiring nearly 1.4mn TWC subscribers fr

In a development which will help Charter Communications fund its planned acquisition of nearly 1.4 million Time Warner Cable (TWC) subscribers from Comcast, Charter revealed in a Friday statement that a number of banks have committed to grant the company a total funding of approximately $9 billion.

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