5 Best Media Stocks To Invest In 2015: Charter Communications Inc.(CHTR)
Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. The company offers cable video programming services, such as basic and digital video, premium channels, OnDemand, pay-per-view, high definition television, digital video recorder, and online video services; Internet services; Charter.net, which provides multiple e-mail addresses, as well as various entertainment, games, news, and sports content; and telephone services. It also provides broadband communications solutions, such as Internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment services, and business telephone services under the Charter Business brand name to business and carrier organizations. As of December 31, 2011, the company served approximately 4.1 million video customers; approximately 3.5 million Internet customers; appr oximately 1.7 million telephone customers; and approximately 476,200 commercial primary service units. Charter Communications, Inc. was founded in 1999 and is based in St. Louis, Missouri.
Advisors' Opinion:- [By Paul Ausick]
Although Maffei did not say as much, swallowing Sirius gives Liberty access to the satellite radio providers free cash flow of about $625 million to use in pursuit of Time Warner Cable Inc. (NYSE: TWC). Charter Communications Inc. (NASDAQ: CHTR), in which Liberty holds a 27% stake, has been trying to put together the financing to make an offer for much larger Time Warner. For its part, Time Warner, the nations second largest cable provider, is trying to put together a deal with the nations largest cable provider, Comcast Corp. (NASDAQ: CMCSA), that would shut Liberty out.
- [By Sean Williams]
What specifically led both stocks higher today was speculation that Charter Comm! unications (NASDAQ: CHTR ) is on the acquisition hunt. According to CNBC, Time Warner Cable's CEO Glenn Britt has discussed the possibility of merging with Charter; however, CNBC also commented that Time Warner Cable isn't likely to pursue the deal. That still proved more than enough to send Time Warner Cable and rival Cablevision higher, as any M&A acquisition in this sector would only serve to improve pricing power for these broadcasting companies.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/5-best-media-stocks-to-invest-in-2015-2.html
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