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Slide #48. Time Warner Cable Inc. — DukeNet Communications
Time Warner Cable Inc. (TWC)
Time Warner Cable Inc. (NYSE:TWC) today announced that it has completed its previously announced acquisition of DukeNet Communications, LLC. As a result of the $600 million transaction, Time Warner Cable adds more than 8,700 route miles to its fiber optic network that serve business customers in the Southeast, including key markets in North Carolina and South Carolina.
Time Warner Cable is a provider of video, data and voice services, with cable systems located mainly in five geographic areas: New York State, the Carolinas, the Midwest, Southern California and Texas. Co. provides data and voice services to residential and business services customers. Co.'s residential services also include security and home management services, and its business services also include networking and transport services and enterprise-class, cloud-enabled hosting, managed applications and services. Co. also sells video and online advertising inventory. As of Dec 31 2014, Co. served 14.5 million residential customers and 687,000 business customers.
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Buy (2.58 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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