SAN FRANCISCO: Comcast Corp is in talks with Charter Communications over selling or spinning off roughly three million subscribers worth approximately US$18bil to US$20bil as part of the divestitures related to its US$45.3bil takeover of Time Warner Cable, according to a source familiar with the matter.
The talks centre around either a straight sale of three million or so subscribers, or the potential creation of a spin-off in which Charter would buy a substantial minority stake, the source added.
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