NEW YORK ( TheStreet ) -- Time Warner Cable ( TWC ) has made it clear it's for sale, which is half the battle for a would-be acquirer. Time Warner Cable is also profitable, has 11 million customers including operations in New York and Los Angeles, and improved its operations during the 14 months that Comcast ( CMCSA ) tried and failed to gain regulatory approval for a merger valued at $45.2 billion. No wonder that Time Warner Cable has attracted European interest, according to a report Wednesday from the Wall Street Journal. Luxembourg-based Altice ( ATCEY ), controlled by French billionaire Patrick Drahi, is reportedly ready to make a bid for New York-based Time Warner Cable. Altice turned heads this morning when it secured a $9.1 billion deal to acquire control of St. Louis-based cable-TV operator Suddenlink Communications. Apparently, word is out: Time Warner Cable is definitely for sale.