Time Warner Cable could emerge as a major playmaker in the final round of consolidation set to sweep over the North American metro market, Capacity has learned.
The cable group, which unnerved Wall Street when it missed quarterly earnings targets last November, actively pursued negotiations with AboveNet for several weeks while the metro provider haggled with Zayo over the terms of a proposed $2.1 billion merger last Spring.
According to sources familiar with the auction process, Time Warner Cable was one of three cable companies to...
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