Time Warner Cable posts weak Internet numbers, sparks deal talk
By Liana B. Baker
Thu Aug 1, 2013 11:23am EDT
(Reuters)
- Time Warner Cable Inc reported quarterly revenue below analysts'
estimates as it added less than half the number of subscribers for
high-speed data services that analysts had expected. Shares still rose 3.2 percent
on Thursday as analysts said the cable company's management did not
necessarily rule out a merger or takeover during a conference call.
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