Time Warner Cuts Kentucky Deal

Time Warner Cable has agreed to buy New Wave Communication operations in western Kentucky and northwestern Tennessee. The 260 million dollar deal will transfer more than 70,000 customers to Time Warner. Company spokesman Alex Dudley says the only difference customers will notice at first will be sign changes. Dudley says service upgrades could come later, though he says Time Warner is happy with the current quality of the network. Dudley couldn’t comment on future employment shifts. He says none are planned for the short term. Dudley says the deal will close later this year.