Comcast spent $336 million on failed attempt to buy Time Warner Cable

Comcast spent $336 million over the past year-plus on its failed attempt to acquire Time Warner Cable. Comcast's earnings report for Q1 2015, released today, notes $99 million in "transaction-related costs" for its attempt to acquire Time Warner Cable and execute a related transaction with Charter. That's in addition to another $99 million in Q4 2014, $77 million in Q3 2014, $44 million in Q2 2014, and $17 million in Q1 2014.

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Gondee2359d ago

Just in: Comcast increases prices on its slowest plans