Comcast will announce next week whether it will continue to buy Time Warner Cable’s television, broadband and internet businesses, according to two people familiar with the matter.
The announcement will come at a conference in New York City.
The cable giant announced in December that it would acquire Time Warner in a deal valued at $45.8 billion, including $13.5 billion in cash.
The deal will be followed by a sale of Time Warner to Comcast for $45 billion in 2017.
The news was first reported by Axios.
Comcast also announced this week that it will also buy Time Holdings Inc. for $48.5 to $54 billion, bringing the company’s total deal value to $74.5bn.