New York, April 28, 2014 -- Moody's Investors Service confirmed the Ba3 Corporate Family Rating of Charter Communications, Inc. (Charter) following its announced agreement with Comcast Corporation (Comcast) whereby Charter will acquire approximately 1.4 million existing Time Warner Cable (TWC) subscribers from the combined Comcast-TWC entity following completion of Comcast's previously announced merger with TWC. Comcast and Charter will also each transfer approximately 1.6 million customers, and Charter will acquire an approximately 33% ownership stake in a new publicly-traded cable provider (SpinCo) to be spun-off from Comcast serving approximately 2.5 million customers. This concludes the review begun on January 14, 2014. The outlook is stable.
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