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Comcast to lose 3.9 million subscribers as part of cable deal

28
Apr
2014

(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.

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