Analysts believe Time Warner Cable would soon become a publicly traded company

Market analysts are predicting that the Time Warner Cable Company would soon become a publicly traded firm. This is possible now after a judge approved the bankruptcy plan for Adelphia Communications Corp.

Adelphia has said that they would use a 16 percent stake in Time Warner Cable to pay its creditors as part of a 2005 deal for Adelphia’s cable assets. Once this is done, Time Warner is likely to go ahead with their plans to register them with the New York Stock Exchange.

Time Warner Cable had also filed an S1 form with the U.S. Securities and Exchange Commission for an IPO. However, analysts believe that it would now be very unlikely to take place.

Michael Nathanson, analyst at Sanford Bernstein spoke on this: “The IPO would be much more expensive due to underwriting cost borne by TWC. If TWC comes out at a discount to asset value, the stock would be in demand.”

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