Katie Benner, Columnist

Benner on Tech: Charter's Super-Expensive Cable Deal

Katie Benner's roundup of the most interesting things in tech, today.

May 26, 2015 at 2:04 PM UTC

Katie Benner is a Bloomberg View columnist who writes about technology, innovation, and the cult and culture of Silicon Valley. She lives in San Francisco. Benner previously wrote a tech and finance column for the Information. She has worked at Fortune, TheStreet.com and CNN Money, and was a freelance writer based in China covering culture, business and politics. She has a bachelor's degree in English from Bowdoin College.

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Charter inked a deal to buy Time Warner Cable for about $55 billion. The Federal Communications Commission won’t be the problem. (Charter is much smaller than Comcast.) Overpaying will be the problem. The French cable company Altice recently said it would buy a majority stake in Suddenlink Communications, and Bloomberg reports that it talked to Time Warner Cable, too. If Charter wants to make an offer that’s too expensive for Altice to outbid, then the deal is probably super expensive, period.