Editor’s note: This article was originally published February 12, 2014
Multiple news outlets are reporting this evening that Comcast, the nation’s largest cable operator, has acquired Time Warner Cable, the dominant cable provider in Central Texas.
Comcast’s purchase of Time Warner Cable will be announced Thursday morning, according to the New York Times, Barron’s and the Wall Street Journal.
The all-stock deal is reportedly worth almost $45 billion.
In addition to Comcast, numerous other cable operators have expressed interest in Time Warner Cable in recent weeks, according to published reports, including Charter Communications and Cox Communications which, like the American-Statesman, is part of privately held, Atlanta-based Cox Enterprises.
In addition to Central Texas, Time Warner Cable is also the dominant cable provider in several other areas of Texas, including San Antonio and the Rio Grande Valley.
Comcast, meanwhile, is the major cable company serving the Houston area, a cable operation acquired from Time Warner Cable.
Comcast’s Houston operations include Comcast SportsNet Houston, a cable channel that airs exclusive Astros MLB and Rockets NBA games.
Comcast SportsNet Houston is currently not available on Time Warner Cable’s Austin lineup.