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Charter Twc Merger Agreement

The merger was completed on May 18, 2016. [7] [8] With the purchase, Charter was the third largest pay-TV company in the United States, after AT-T and Comcast (which had completed their merger with DirecTV in mid-2015). [9] The proposed transaction generated strong opposition from several groups, which showed that the size of the merged entity would reduce competition and give Comcast an unprecedented level of control over the U.S. internet and television industry, increase the leverage of NBCUniversal`s content distribution, hinder over-the-top services and drive up prices. [16] [17] [18] [19] In April 2015, it was reported that the U.S. Department of Justice was preparing an action in respect of cartels and abuse of dominance against the companies in order to stop the merger, in part because the merged entity controlled 57% of the country`s broadband capacity. On April 24, 2015, Comcast officially announced that it had cancelled the merger. [20] [21] The conference call will be broadcast live via Charter`s and Time Warner Cable website on the Warner Cable time website in Important information for investors and shareholders This communication is neither an offer to sell, an invitation to buy securities, nor an invitation to vote or approve. With respect to the transactions mentioned in this document, Charter Communications, Inc. (“Charter”) expects to submit a registration statement on Form S-4 to the Securities and Exchange Commission (“SEC”) containing an interim joint proxy statement from Charter and Time Warner Cable, Inc. (“Time Warner Cable”), which is also a provisional Charter prospectus. Once the registration statement is declared effective, Charter and Time Warner Cable will send a definitive proxy statement/prospectus to Charter shareholders and Time Warner Cable shareholders.

This material does not replace the joint proxy statement/prospectus or registration statement or any other document that Charter or Time Warner Cable may submit to the SEC and send to Charter and/or Time Warner Cable shareholders in connection with the proposed transactions. INVESTORS AND SECURITY HOLDERS OF CHARTER AND TIME WARNER CABLE ARE ENCOURAGED TO READ THE PROXY/PROSPECTUS STATEMENT AND OTHER SEC DOCUMENTS CAREFULLY AND FULLY, IF THEY ARE AVAILABLE AS THEY CONTAIN IMPORTANT INFORMATION. Investors and securityholders can obtain free copies of the statement/prospectus (if applicable) and other documents submitted to the SEC of Charter or Time Warner Cable via the SEC-managed website at

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