Charter Communications, a provider for telephone, high-speed internet and cable TV services, has had a rough time recently. They are struggling to survive and even filed bankruptcy. Competitor DirecTV has decided to capitalize on Charter’s struggles by running a series of ads that highlight Charter’s bankruptcy filing.
On Wednesday, Charter got some relief from those ads when a judge ordered DirecTV to cease running the anti-Charter ads. While this is just a temporary order to cease, it’s viewed by industry experts as a victory for Charter.
The ruling was made by Judge Rodney W. Sippel, a United States District judge in the …read more

Charter Communications, a telecommunications company that provides cable TV, telephone and internet services to nearly six million people in the United States, announced that it will enter into Chapter 11 prearranged bankruptcy. The company, which has failed to turn a profit in the decade since it went public, decided to file for the prearranged bankruptcy to get protection from creditors.
In total, it is estimated that Charter Communications has more than $20 billion in debt. This bankruptcy will cover less than 40% of its debt. However, the interest on the debt Charter will have to shell out per year will be …read more