Comcast (CMCSA) Paring Off Markets, Time Warner Cable (TWC) Buying?

Comcast, the biggest U.S. cable company, is trying to sell 2% of its cable TV subscribers (400,000-500,000) subscribers, Pali Capital analyst Rich Greenfield reports today (subscription required).

Where? One market: Maine. Potential buyer: Time Warner Cable (TWC), which already owns 85% of Maine’s cable operations, according to the Times Record.

Why would they shrink on purpose? Greenfield notes that it could help Comcast’s (CMCSA) overall growth profile and let management focus on its most valuable systems.

See Also:
Comcast Invests In Web Video Company Designed To Disrupt It
Four Questions For The Cable Guys
Does Comcast Want To Put Bandwidth Hogs On A Diet? Sounds Good To Us

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