Cable companies are beating a path to bank syndication desks as they seek financing for mergers that will help them protect their turf from telephone companies and other information providers.

The cable operators have hit up the banks for 10 big acquisition loans totaling more than $5 billion -- almost 10 times last year's total for cable M&A -- and at least one more major deal is expected before the year is out.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.