GNG News Guy
04-30-2008, 09:21 AM
http://i.dslr.net/urls/50/5550.gif (http://www.dslreports.com/shownews/Time-Warner-To-Split-Off-Time-Warner-Cable-94013)
Time Warner this morning announced that the company will be spinning off their Time Warner Cable unit as its own company (http://www.news.com/8301-10784_3-9932113-7.html). "A complete structural separation of Time Warner Cable, under the right circumstances, is in the best interest of both companies' shareholders," CEO Jeff Bewkes said in a prepared statement. TWC released their earnings (http://ir.timewarnercable.com/results.cfm) this morning as well, which note that revenue at Time Warner Cable jumped 8% to $4.2 billion.
read comment(s) (http://www.dslreports.com/shownews/Time-Warner-To-Split-Off-Time-Warner-Cable-94013)
Time Warner this morning announced that the company will be spinning off their Time Warner Cable unit as its own company (http://www.news.com/8301-10784_3-9932113-7.html). "A complete structural separation of Time Warner Cable, under the right circumstances, is in the best interest of both companies' shareholders," CEO Jeff Bewkes said in a prepared statement. TWC released their earnings (http://ir.timewarnercable.com/results.cfm) this morning as well, which note that revenue at Time Warner Cable jumped 8% to $4.2 billion.
read comment(s) (http://www.dslreports.com/shownews/Time-Warner-To-Split-Off-Time-Warner-Cable-94013)