Even though the $45 billion merger of Comcast and Time Warner Cable officially failed more than a week ago. One might assume that this collapse would have sufficed for the California state regulator who proposed blocking the deal in that state, but yet the merger approval process in California moves forward — even without a merger to approve. [More]
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T-Mobile CEO Sees Cable/Wireless Mergers As Inevitable
As we sip the last drops of champagne over the failure of the merger of Comcast and Time Warner Cable, an even bigger acquisition appears to be passing through the regulatory process with relative ease — that of AT&T and DirecTV. And with Comcast, TWC, Charter, and other cable operators all now looking for potential corporate spouses, their eyes may also be turning toward the wireless market. [More]
Time Warner Cable Says It’s Not Seeking Rebound Romance With Cox
It’s only been a few days since Comcast and Time Warner Cable got tired of waiting for the inevitable regulatory objections to their wedding and called off the whole $45 billion marriage. While Comcast can enjoy the single life for a bit before deciding what to do next, TWC is already being linked to multiple suitors. First there was news that Charter, who was originally rejected in favor of Comcast’s bigger, sexier proposal, was once again standing outside TWC’s window with a boombox over its head. Now come rumors that TWC may be trying to make some merger magic happen with Cox. [More]
Sen. Al Franken: Still Not Enough Competition For Cable & Internet Access
While many opponents of the Comcast/Time Warner Cable merger were setting off fireworks last Friday to celebrate the defeat of this deal that would have concentrated nearly 60% of the nation’s high-speed broadband accounts under one company, realists among us are pointing out that the end of that ill-fated engagement does nothing to change the already dismal competition landscape in many markets. [More]
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]
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]
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]
Review Of Comcast/TWC, AT&T/DirecTV Mergers On Hold Again Over Confidentiality Issues
Once again, the FCC has paused the 180-day clocks to review the two pending mega-mergers on its to-do list: Comcast’s acquisition of Time Warner Cable, and the marriage of AT&T to DirecTV. This time, the FCC is saying it can’t go forward with the review of these deals until a court determines whether interested parties should be granted limited access to confidential information about the involved companies. [More]
Comcast Not Afraid Of Streaming Services; Won’t Commit To Playing Nice With Them
Earlier this week, a Dish executive claimed that Comcast was afraid of so-called over-the-top streaming services like Dish’s Sling TV and that the cable giant could use its size and influence to prevent broadcasters from signing onto Sling and others. Now Comcast is saying it has nothing to fear from these new services, but won’t commit to avoiding deals that make it difficult for them to compete. [More]
Dish: Comcast Could Still Use Its Size To Block Streaming Content
The FCC’s recently approved net neutrality rules will prohibit all Internet service providers from blocking any legal content from being sent or received by their users. But when an ISP also controls the nation’s largest pay-TV audience, perhaps it could use that leverage to prevent certain content from ever going online in the first place. [More]
These 2 Charts From Comcast Show Why Net Neutrality Is Vital
Comcast released its quarterly earnings report and the timing couldn’t be better, with the FCC set to vote on Chairman Tom Wheeler’s net neutrality proposal later this week. [More]
Judges Question FCC’s Need To Share What Comcast & DirecTV Pay To Broadcasters
Those following the merger of Comcast with Time Warner Cable and AT&T’s acquisition of DirecTV may remember that the FCC had hoped to make some of the cable companies’ confidential contract information available to parties with a direct interest in these deals. In November, a federal appeals court preliminarily sided with the broadcasters and temporarily blocked the FCC from sharing this info, and this morning the court heard arguments from both sides on whether or not these contracts should be kept under lock and key for good. [More]
Analyst Downgrades Odds Of Comcast, Time Warner Cable Merger
An important industry analyst who had previously placed decent odds on Comcast being allowed to spend $45 billion to acquire Time Warner Cable is now looking at the deal in a less-sunny light, downgrading the likelihood of the merger succeeding. [More]
Comcast Doesn’t Want to Improve its ‘Internet Essentials’ Program for Low-Income Consumers
With Comcast’s $45 billion acquisition of Time Warner Cable nearing the finish line, you’d think the company would be willing to do something as insignificant as make promises to improve its broadband program for low-income users. You’d be wrong. [More]
5 Empty Promises Comcast Has Made About Time Warner Cable Merger & One Promise They Won’t Make
It’s been a year since two-time Worst Company In America winner Comcast confirmed it would spend $45 billion to acquire another much-loathed pay-TV provider, Time Warner Cable. And while we all wait for the FCC and Justice Dept. to finish kicking the tires and looking under the hood of this deal, what better time to review some of the promises Comcast has made about the post-merger pro-consumer wonderland we’ll all enjoy. [More]
Politicians’ Letters In Support Of Comcast Merger Were Actually Written By Comcast
In the eleven months since Comcast announced that it would acquire Time Warner Cable, numerous local and national politicians have written to the FCC in support of the merger, claiming it will create jobs (in spite of the fact that thousands of employees will inevitably be made redundant), spark investment (even though Comcast could just invest the $40 billion instead of using it to buy TWC), and provide broadband access for the poor (a program that’s been criticized as window dressing), without hurting competition (because there isn’t any to begin with). Many of the letters hit the same points… almost as if they were ghostwritten and the politicians just signed their names to them. [More]
Why Dish’s Sling TV Is A Factor In Pending Comcast/Time Warner Cable Merger
Later this month, Dish will finally launch its much-awaited Sling TV streaming service that gives subscribers live online access to a dozen cable channels. And even though Sling has yet to go live, it’s already being factored into the pending mega-merger between Comcast and Time Warner Cable. [More]
More Groups Pile Onto “Stop Mega Comcast” Coalition
Only a month ago, a coalition of more than a dozen groups formed in an effort to work together in stopping the pending merger between Comcast and Time Warner Cable. And while the federal regulatory review process inched forward on this deal, more and more groups have joined in the fight to prevent Comcast from dominating the consumer broadband market in the U.S. [More]