TWC chief financial officer Irene Esteves told investors that the key objective behind the Dodgers deal is to ensure that access to programming at a certain cost, adding that over the long-term, this will be a lower-cost alternative than if we had not guaranteed those rights for the 25-year perio
Time Warner Cable chief financial officer Irene Esteves said the cable giant sat out the initial rounds of the Insight Communications auction mainly because of the asking price, but re-entered the fray for the Midwest cable operator as it became clearer that a favorable deal could be rea
Date: Aug 15, 2011
Category: Business
Source: Google
Time Warner Cable to acquire Insight Communications for $3bn
CFO of Time Warner, Irene Esteves, added: ""Taking into account Insight's recent performance, $300 million in NOL value, the anticipated net cost synergies and lower capital intensity, this acquisition presents an attractive opportunity to enhance TWC shareholder value."