Better Buy: AT&T vs. Charter Communications

Charter Communications (NASDAQ: CHTR) and AT&T (NYSE: T), two telecom giants, have carved up the Time Warner empire. Charter bought Time Warner Cable, which was spun off from Time Warner in 2009, along with its sister company Bright House Networks in 2016. AT&T bought the rest of Time Warner in 2018.

Charter and AT&T made those acquisitions to counter cord cutters. Charter's takeover of TWC made it the second-largest cable provider in the U.S. AT&T's takeover of Time Warner's media assets formed the foundation of its new streaming ecosystem.

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Source Fool.com