Malone: "In Trump administration maybe Comcast & Charter could merge, would be a lot of synergies"
Tom Paine
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Subscribe in a readerSpeaking with investor Gordon Crawford this morning at Lionsgate’s Investor Day series of briefings for Wall Street following its acquisition of Starz, Liberty Media (and Liberty Broadband) chairman John Malone discussed the outlook for M&A during a Trump administration. Through Liberty Broadband, Malone controls about 20% of Charter Communications.
Malone at $LGF talking wireless oppty for cable: "In Trump administration maybe Comcast & Charter could merge, would be a lot of synergies" pic.twitter.com/jhbtmXoiXS
— Rich Greenfield (@RichBTIG) January 10, 2017
Remember that it was a similar, seemingly offhand (nothing he says is offhand) comment by Malone about the need for consolidation in the cable industry that started the race for Time Warner Cable, with Comcast's effort block and Charter ending up the winner.
Malone also suggested that that three major cable TV companies could jointly enter the wireless business by acquiring T-Mobile U.S. Inc.
