(credit: Mandel Ngan/AFP/Getty Images)
Verizon and Charter have discussed a potential merger that would combine two of the country’s biggest Internet providers, according to a Wall Street Journal report today.
“Verizon CEO Lowell McAdam has made a preliminary approach to officials close to Charter,” and Verizon is “working with advisers to study a potential transaction,” the report said, citing “people familiar with the matter.” It’s still unclear whether Charter’s top executives are interested in a merger.
Spokespeople for Verizon and Charter both declined comment when contacted by Ars today.
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