Charter's rural network buildout 'like cable M&A'
With little to no opportunities to grow the company through acquisitions of sizable cable operators, extending Charter Communications' network through regular edge-outs in rural areas coupled with a wave of new Rural Digital Opportunity Fund (RDOF) commitments has emerged as the next best option. "I think that rural build is like cable M&A," Chris Winfrey, Charter's chief financial officer, said Monday at the Deutsche Bank Media, Internet & Telecom Conference. "You're essentially building a cable company here over several years from scratch," Winfrey said of the RDOF opportunity. Charter e...