Charter CEO Says Company Likes Cable M&A When Asked About Altice

When asked about a potential takeover bid for the cable provider Altice USA Inc., Charter Communications Inc. Chief Executive Officer Christopher Winfrey said his company does “generally like cable M&A.”

Winfrey was asked during a presentation at the Morgan Stanley Technology, Media & Telecom conference in San Francisco Wednesday about a Bloomberg report on Charter exploring a takeover of Altice. He declined to speculate on any particular deal, but he signaled more broadly that the company is interested in cable deals that generate value for its shareholders.

Winfrey said he was making “just a general statement” and wasn’t commenting ...