Time Warner Cable Downplays Comcast Merger

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Time Warner Cable chief financial officer Rob Marcus downplayed the outlook for a recently suggested merger with Comcast Corp. after an FCC ownership cap was struck down.

Asked here Tuesday about his take on the attractiveness of cable consolidation, Marcus said: “The benefits of scale are pretty well known,” but he added, “We are not interested in getting bigger just for the sake of getting bigger.”

While he said he was “pleased” that a court struck down the 30 percent cap, he echoed other cable executives who have said it doesn’t change much.

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