What Will Comcast Do With The $45B It Couldn’t Spend Buying Time Warner Cable?

What Will Comcast Do With The $45B It Couldn’t Spend Buying Time Warner Cable?

Comcast’s dream of achieving full coast-to-coast cable dominance this year came to an official end this morning when they had to admit the Time Warner Cable merger was just not going to happen. But Comcast is a huge business, with impatient shareholders. They need to continue proving growth, which means buying other businesses to make theirs bigger. TWC might not be on the table anymore, but something, somewhere has to be. [More]

Comcast CEO Tries To Cheer Up Employees Following Implosion Of Time Warner Cable Merger

You have to respect a man who had the foresight to allow his dad to build him a multibillion-dollar cable and Internet empire.

While the majority of American consumers were opposed to the merger of the nation’s two largest cable/Internet providers, there is a large group of people for whom today’s news may be a big downer: Comcast employees. [More]

Anatomy Of A Comcastrophe: A Look Back At How Comcast Failed To Buy Time Warner Cable For $45B

Anatomy Of A Comcastrophe: A Look Back At How Comcast Failed To Buy Time Warner Cable For $45B

We were skeptical from the start, but obviously someone at Comcast believed that the company would eventually be allowed to acquire Time Warner Cable for the massive sum of $45 billion. Yet this morning the nation’s largest pay-TV and Internet provider walked away from the mega-merger that would have given it unprecedented market share in both of these industries and control over cable and broadband service for the two largest cities in the U.S. So how did we get here? [More]

It’s True: The Comcast/Time Warner Cable Merger Is Officially Dead

It’s True: The Comcast/Time Warner Cable Merger Is Officially Dead

As it was predicted yesterday, so it has come to pass: after 15 months of trying to get it approved, and opposition not only from consumers, consumer advocates, and lawmakers but also from regulators, Comcast is giving up on its dreams of acquiring Time Warner Cable and walking away entirely from the merger. [More]

Comcast Reportedly Planning To Bail On Time Warner Cable Merger

Comcast Reportedly Planning To Bail On Time Warner Cable Merger

Following reports that both the Dept. of Justice and the FCC could use their authority to throw up roadblocks to the long-delayed $45 billion acquisition of Time Warner Cable, Comcast is now reportedly planning to give up on the deal. [More]

There Are Two Things That Could Stop The Comcast/TWC Merger, And We Might Get Both

There Are Two Things That Could Stop The Comcast/TWC Merger, And We Might Get Both

Update: Comcast is reportedly planning to back out from the merger deal as early as tomorrow in the face of the likely opposition from both the FCC and Justice Department. [More]

Possible FCC Hearing Could Signal End Of Comcast, Time Warner Cable Merger

Possible FCC Hearing Could Signal End Of Comcast, Time Warner Cable Merger

While it’s already been reported that antitrust lawyers at the Dept. of Justice are leaning toward moving to block the $45 billion merger of Comcast and Time Warner Cable, staffers at the FCC — the other regulatory body reviewing the merger — are recommending a move that could signal opposition to the deal from both agencies. [More]

Consumer Advocates Say There Are No Conditions That Would Make Comcast, Time Warner Cable Merger Acceptable

Consumer Advocates Say There Are No Conditions That Would Make Comcast, Time Warner Cable Merger Acceptable

Comcast representatives are reportedly meeting with regulators today to discuss the status of the cable colossus’s pending $45 billion acquisition of Time Warner Cable. While some reports claim that antitrust lawyers at the Dept. of Justice are leaning toward suing to block the merger, others believe that the DOJ and FCC will attempt to put conditions on the deal in order to approve it. But consumer advocacy groups say that there are no conditions that would make this merger palatable. [More]

Senators Urge Regulators To Block Comcast Acquisition of Time Warner Cable

Senators Urge Regulators To Block Comcast Acquisition of Time Warner Cable

As we head into the final stretch of regulatory review for the pending $45 billion of Comcast and Time Warner Cable — and with the Dept. of Justice possibly prepping to block the deal — a group of U.S. Senators has written to U.S. Attorney General Eric Holder and FCC Chair Tom Wheeler urging them to prevent these two companies from getting hitched. [More]

(bluwmongoose)

Chicago Suburbs To Get AT&T’s Gigabit Broadband; Comcast High-Speed Coming To Florida

Both Comcast and AT&T have announced the newest markets for their highest-speed residential broadband services, with people in the Chicago, Miami, and Jacksonville areas being the ones to benefit. [More]

(Mike Mozart)

Franken: Net Neutrality Win Means “We Might Just Be Able To Stop” Comcast/TWC Deal

The Comcast and Time Warner Cable merger is not going as smoothly as either company had hoped. With each passing day, the FCC seems less likely to rubber-stamp their approval, and rumor has it that the Justice Department is leaning against the corporate marriage. With momentum building, merger opponents are taking the chance to push back even harder, and that includes U.S. Senator Al Franken. [More]

Comcast To Meet With Justice Dept. To Discuss Time Warner Cable Merger

Comcast To Meet With Justice Dept. To Discuss Time Warner Cable Merger

In the wake of a report that antitrust attorneys at the U.S. Dept. of Justice are leaning toward blocking the pending $45 billion merger of Comcast and Time Warner Cable, it looks like the cable giants are going to meet with the DOJ later this week to discuss the status of the deal. [More]

Comcast Bringing Super-Fast Fiber Network To Silicon Valley & Other California Markets

Comcast Bringing Super-Fast Fiber Network To Silicon Valley & Other California Markets

Two weeks after Comcast announced that Atlanta would be the first market to get its new Gigabit Pro fiber service — which promises speeds of up to twice that of Google Fiber — the company is now saying it will bring the high-speed broadband to several markets in California where it already offers service. [More]

Report: Justice Dept. May Recommend Blocking Comcast, Time Warner Cable Merger

Report: Justice Dept. May Recommend Blocking Comcast, Time Warner Cable Merger

It’s been well over a year since Comcast announced its $45.2 billion plan to buy Time Warner Cable and regulators at the FCC and Justice Dept. have yet to indicate publicly whether they plan to approve the deal or sue to block it. However, a new report claims that antitrust lawyers at the DOJ are leaning toward putting the kibosh on this marriage of the nation’s two largest cable operators. [More]

California Utilities Commissioner Calls For Rejection Of Time Warner Cable Deal

California Utilities Commissioner Calls For Rejection Of Time Warner Cable Deal

With Comcast set to take over Time Warner Cable’s millions of California customers, state regulators there have been scrutinizing the deal to see how it would affect consumers. Earlier this year, the state’s Public Utilities Commission (CPUC) suggested a number of conditions that would make the merger more acceptable, but today a CPUC commissioner publicly called for the state to block the marriage of Comcast and TWC, at least in California. [More]

Comcast Tries To Refute Philly Customer Service Study, Does About As Good A Job As You’d Expect

Comcast Tries To Refute Philly Customer Service Study, Does About As Good A Job As You’d Expect

Yesterday, Philadelphia finally got around to releasing the results of a long-in-the-works Comcast customer service survey of city residents, and the results weren’t very favorable for the cable company. Of course, Comcast, which had more than a month to review the report before it was made public, is now trying to discredit it, saying the consultants that put it together should have asked Comcast — and not the citizens of Philadelphia — for accurate data about customer service. [More]

Philadelphia Mayor Michael Nutter has been a vocal supporter of Comcast and of its efforts to acquire Time Warner Cable, in spite of the company's low customer satisfaction scores and high prices in its home city.

Philadelphia Finally Releases Results Of Comcast Customer Service Survey; It’s Not Pretty

Earlier this week we told you how the city leadership here in Comcast’s hometown of Philadelphia appeared to be dragging their feet in getting around to releasing the results of 15-month-old survey of city residents about Comcast service, even though the cable company had already been shown the report. Today, the city finally got around to sharing this info with the public and it’s about as unpleasant as you’d expect. [More]

Comcast Refused To Cancel Cable For Customer Whose House Went Up In Flames

Comcast Refused To Cancel Cable For Customer Whose House Went Up In Flames

When your house burns down, the last thing you should be concerned about is having to make repeated calls to your cable provider to get them to cancel or suspend your service. And yet Comcast refused to cancel service for one Minnesota customer after his house was turned to ashes — all because he couldn’t provide his full account number. [More]