--- description: Reports that the deal would be dropped were leaked to the media Thursday title: Comcast - Time Warner Cable Deal Officially Terminated image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close # Comcast - Time Warner Cable Deal Officially Terminated  by [Naina Bajekal](/author/naina-bajekal/)  ## Naina Bajekal Update your preferences in [Account Settings](/account/preferences/) Close Bajekal was executive editor and international editor at TIME. Apr 24, 2015 12:51 PM CUT  by [Naina Bajekal](/author/naina-bajekal/)  ## Naina Bajekal Update your preferences in [Account Settings](/account/preferences/) Close Bajekal was executive editor and international editor at TIME. Apr 24, 2015 12:51 PM CUT Comcast officially [announced](http://corporate.comcast.com/news-information/news-feed/comcast-twc-charter-transactions-terminated "undefined") Friday that it has abandoned a $45 billion takeover bid for Time Warner Cable, after significant opposition from U.S. regulators. The deal, first reported last February, would have combined America’s two largest cable companies. Brian L. Roberts, Comcast Chairman and CEO [said](http://corporate.comcast.com/news-information/news-feed/comcast-twc-charter-transactions-terminated "undefined") in a statement: “Today, we move on. Of course, we would have liked to bring our great products to new cities, but we structured this deal so that if the government didn’t agree, we could walk away.” He thanked his employees and said “I couldn’t be more proud of this company and I am truly excited for what’s next.” ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3834276/comcast-terminates-twc-deal/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3834276/comcast-terminates-twc-deal/"},"headline":"Comcast - Time Warner Cable Deal Officially Terminated","datePublished":"2015-04-24T12:51:43.000Z","dateModified":"2026-02-22T06:39:10.587Z","description":"Reports that the deal would be dropped were leaked to the media Thursday","url":"https://time.com/3834276/comcast-terminates-twc-deal/","keywords":["Companies"],"thumbnailUrl":"","author":[{"@type":"Person","name":"Naina Bajekal","jobTitle":"Bajekal was executive editor and international editor at TIME.","url":"https://time.com/author/naina-bajekal/"}],"articleSection":"Business","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/3834276/comcast-terminates-twc-deal/","name":"Comcast - Time Warner Cable Deal Officially Terminated"}}]}] ```