Time Warner Sells Telecom Business to Level 3

gavron (1300111) writes "We all know about TW Cable being acquired by Comcast (subject to regulatory approval) but news from today is that their non-cable business is being purchased by Level3 for almost 6 billion dollars.

What used to be the 'largest media and distribution company ever' (AOL Time Warner) is now nothing more than a garage of pieces being parceled off to the first available bidder. This might be good for consumers, but recently Time Warner (and Comcast) won awards for consumer hatred."

Re: You sure its Time Waner?

[Anonymous Coward]

Agreed. A little application of common sense could have prevented this nothing-to-do-with-the-price-of-tea-in-China posting travesty. Does anyone really think that Time Warner Cable would be allowed to sell off a $6 billion asset in the middle of the Comcast acquisition unless it had been agreed upon up front? All of the discussed spin-offs (e.g. to Charter) are scheduled to take place after the acquisition is complete.

And Time Warner != Time Warner Cable. They are two completely separate companies.

Re:"Media Distribution" is now telecom?

[Bengie]

According to Level 3's write-up on the subject, TW Telcom has a very large metro fiber network that spans many key cities. They offer some fairly high end services up to 100g: http://www.twtelecom.com/telec... [twtelecom.com]