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Comcast to Buy Time Warner Cable, Making It Largest Cable Provider in U.S.

Comcast has reached an agreement to acquire Time Warner Cable, according to a tweet from CNBC reporter, Dave Faber. The new company, based on a reported $44 billion purchase, will be by far the largest cable provider in the U.S. with over 33 million subscribers. Deal is assumed to face tough review from the Federal Communications Commission.

Related topics: Access Providers, Broadband

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