Who Owns Spectrum
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Few companies dominate the cable industry like Spectrum. While most may think that the company used to be Time Warner Cable or Bright House Networks, the parent company of Spectrum is actually Charter Communications.
Charter Communications was founded in 1993 and began acquiring cable companies in 1998. Since then, they have grown to become the second largest cable provider in the United States. In May of 2016, Charter Communications completed the acquisition of Time Warner Cable and Bright House Networks, effectively making them the second largest HDTV, internet, and voice provider in the country after Comcast.
The company provides service across the United States, primarily in rural and suburban areas. Customers of both Time Warner Cable and Bright House Networks were automatically transferred to the new service under the Spectrum brand. Spectrum also provides other services such as home phone, business internet and voice, and even home security.
Charter Communications is based out of Stamford, CT and has headquarters in Denver, CO. The company is owned by Berkshire Hathaway, which is an American multinational conglomerate holding company chaired by Warren Buffet. The other key shareholders in Charter Communications include Liberty Media, Atticus Capital, and Snider Capital.
Today, Charter Communications is a leading American provider of cable, internet and telephone services. The company is now looking for opportunities to continue growing its services and improve customer satisfaction. Regardless of who owns Spectrum, it is clear that the company is a major player in the cable and telecommunications market.