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Comcast To Spin Off Indiana Cable Business

Comcast /  Time Warner
Comcast / Time Warner

Those that have Comcast Cable in Indiana will soon find themselves being serviced by a new company.

Time Warner Cable and Comcast are merging and in order to keep federal regulators happy, Comcast will dump customers in Indiana and several other states to a soon to be created start-up company called “SpinCo”.

The new company will be managed by Charter Communications, currently the fourth-largest cable company in the U.S., but after all of the shuffling, Charter will become the second largest with about 5.7 million subscribers.