Advertisement
News
Advertisement

Time Warner execs hold fire on TWC and AOL

Wed, 03/12/2008 - 9:20am
Brian Santo

Time Warner Inc. is still evaluating whether to spin-off both its Time Warner Cable (TWC) and AOL units, though no decisions are likely for months.

CEO Jeff Bewkes spoke at an investor’s conference yesterday, and CFO Rob Marcus spoke today.

Bewkes said that a new structure for TWC is likely. Most news reports interpreted that as an implication that Bewkes is leaning toward a spin-off of the cable operation. As for AOL, Bewkes said that there is potential for success with the company’s new ad project, called Platform A. 

Marcus addressed video competition from Verizon and AT&T. Analysts astutely noticed that when there’s more competition, the dominant supplier is likely to lose market share.

Marcus assured them that TWC anticipated this and has planned for it.

More Broadband Direct:

• Nielsen, Charter sign deal for STB data 

• Charter’s Allen receives informal inquiries from potential investors 

• Time Warner execs hold fire on TWC and AOL 

• Motorola puts cash into Invidi 

• TiVo connects with YouTube for videos on TV

• Tiscali UK, PCCW deploy Harmonic encoders 

• Nortel debuts 40G/100G system 

• Broadband Briefs for 3/12/08

Advertisement

Share This Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading