Shortly after its planned merger with Comcast fell through, Time Warner Cable may soon be purchased by Charter Communications for $55 billion dollars. After a messy break up, that's quite the rebound for the cable and broadband company.
The merger between the two companies is spurred largely by Charter's desire to expand its broadband holdings, according to The New York Times. As consumers move away from traditional cable to online streaming services such as Hulu and Netflix, Internet provision has become one of the most important parts of many cable packages. Though the merged company would be smaller than proposed Comcast-TWC deal, it could raise similar concerns.