Comcast, the largest cable operator in the U.S., may be planning a bid for Time Warner Cable, according to sources close to the company. However, Comcast is apprehensive about making a deal, and could even back out altogether.
Sources close to Comcast say the cable company, the largest cable operator in the U.S., is planning a bid for Time Warner Cable. Charter is also in the running for a takeover of Time Warner Cable—there are even murmurs that Comcast and Charter might be working together for a possible joint bid of some form. If so, the two providers would simply divide up Time Warner’s assets between each other.