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Comcast adds Barclays as adviser on Time Warner Cable deal-sources

Tue, 21st Jan 2014 19:45

NEW YORK, Jan 21 (Reuters) - Comcast Corp hasadded Barclays PLC as an adviser as the top U.S. cableprovider evaluates a potential deal for Time Warner Cable Inc, according to people familiar with the matter.

Comcast hired Barclays late last year to review its dealoptions, along with JPMorgan Chase & Co that it hadearlier tapped for advice, the people said.

The people asked not to be named because the matter is notpublic. Representatives from Comcast and Barclays declined tocomment.

Reuters reported on Dec. 6 that Comcast brought in JPMorganas a financial adviser as speculation about cable industryconsolidation increased in the past several months.

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