Verizon exploring deal with cable company Charter: WSJ

(Reuters) – Verizon Communications Inc, the No. 1 U.S. wireless carrier, is exploring a combination with cable company Charter Communications Inc, the Wall Street Journal reported, citing people familiar with the matter.
Verizon Chief Executive Lowell McAdam made a preliminary approach to officials close to Charter and the company is working with advisers to study a potential transaction, the Journal said.
The WSJ added that it was unclear if Charter’s executives would be open to a