Cablevision: next candidate for cable-telco merger? (multiple system operator Cablevision Systems might merge with telephone company) (Brief Article)

Broadcasting & Cable, October, 1993

It looks as if Cablevision Systems Corp. could be the next multiple-system cable operator in line to cut a deal with a telephone company.

Officials at Cablevision at press time would neither confirm nor deny industry speculation that the nation's fifth largest MSO was about to be acquired in whole or in part by Southwestern Bell or US West and the telcos themselves also offered no comment. But many analysts say they would not be surprised to see another cable-telco deal in the wake of last week's Bell Atlantic-TCI merger.

"If you're going to cash out or align yourself, now is the time to do it," says Tom Wolzien of Sanford Bernstein. He says MSO's could see their value dip dramatically in the future if they wake up one morning to find that a...

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