Oct 12 Cablevision Systems Corp is
looking at the possibility of selling its broadband
telecommunications subsidiary Bresnan Broadband Holdings LLC,
the Wall Street Journal reported, citing people familiar with
The paper's sources said that a formal auction was unlikely
and that the U.S. cable operator might reach out to parties like
Charter Communications Inc and private-equity firms for sale.
The fifth largest U.S.-cable operator acquired Bresnan in
2010 for $1.37 billion from Providence Equity Partners, to get a
toehold in the less competitive western states like Wyoming and
It is unclear how much Cablevision expects to fetch for
Bresnan, and whether a sale will happen, Wall Street Journal
A Cablevision spokesman declined to comment. Charter was not
available for comment.