Cablevision has agreed to an acquisition offer of about $17.7 billion by European telecom giant Altice, which recently struck a $9.1 billion deal for Suddenlink Communications. “The transaction would further realign an industry already in upheaval as cable and telecom companies seek greater scale and negotiating power with content providers,” suggests The New York Times. “But the takeover of Cablevision… could also draw significant concern from regulators, particularly as control of the telecom market shrinks to fewer and fewer players.” Charter Communications has agreed to purchase Time Warner Cable, and AT&T recently completed a $48.5 billion deal for DirecTV.