Liberty Broadband broadcasts great news

It’s been two months since we first spoke about Liberty Broadband on Livewire (VIEW LINK) and now with its share price is up nearly 40% since we purchased it during the rout in February. Charter Communications, the major investment for Liberty Broadband, has received approval to acquire Time Warner Cable, increasing its footprint and making Charter the second largest cable company in the US with around 17m subscribers. Where size and scale matters in the cable industry, the merger gives Charter greater power to negotiate lower programming fees and improving margins, leaving smaller players at a disadvantage. Read the investment case: (VIEW LINK)