Cable television has been around for several decades now. At first cable companies just delivered movie and television stations but then they found out they could connect people to Internet and then phones and the triple play bundle was born. People could get phone, Internet and cable TV in a bundle all from the same provider. Then the telephone companies started doing the same thing and the two industries kind of merged with all of them providing bundles with Internet, Video and voice on one bill.Most people can find high speed cable Internet wherever they live.
Then they started getting even bigger. Comcast Cable bought NBC and Universal Studios. AT&T bought DirecTV. Verizon bought AOL and Yahoo.
With Charter's purchase of competing cable companies Time Warner Cable and Bright House Networks last year some may have thought there would be a mass consolidation of cable and other companies. Especially with the election of President Trump. It really hasn't happened. Yet. Altice bought Suddenlink and Cablevision and is still looking to grow and there was some talk of Charter and Comcast engaging in some sort of hookup but it hasn't happened. They did agree not to move forward in starting a mobile phone company for a bit without telling each other.
There was also talk of Charter buying Sprint or Sprint's owner, SoftBank, buying Charter but now it is looking like T-Mobile and Sprint will be merging soon and the Charter/Sprint hookup is off the table.
Then they started getting even bigger. Comcast Cable bought NBC and Universal Studios. AT&T bought DirecTV. Verizon bought AOL and Yahoo.
With Charter's purchase of competing cable companies Time Warner Cable and Bright House Networks last year some may have thought there would be a mass consolidation of cable and other companies. Especially with the election of President Trump. It really hasn't happened. Yet. Altice bought Suddenlink and Cablevision and is still looking to grow and there was some talk of Charter and Comcast engaging in some sort of hookup but it hasn't happened. They did agree not to move forward in starting a mobile phone company for a bit without telling each other.
There was also talk of Charter buying Sprint or Sprint's owner, SoftBank, buying Charter but now it is looking like T-Mobile and Sprint will be merging soon and the Charter/Sprint hookup is off the table.
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