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Comcast to lose 3.9 mln subscribers as part of cable deal
April 28, 2014 / 10:26 AM / 3 years ago

Comcast to lose 3.9 mln subscribers as part of cable deal

April 28 (Reuters) - Comcast Corp said it would sell businesses resulting in a loss of 3.9 million video customers as part of its proposed $45.2 billion merger with Time Warner Cable Inc.

As part of the deal, Charter Communications will acquire about 1.4 million Time Warner Cable subscribers, making it the second-largest cable operator in the United States, Comcast and Charter said in a statement. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Saumyadeb Chakrabarty)

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