Net neutrality only went into effect last Friday, but the first formal complaint against an ISP for breaking the rule is already on its way. The target? Time Warner Cable.
The official paperwork for Charter’s bid to buy Time Warner Cable isn’t even in yet, let alone approved, but the two companies are already making good on one promise to play nice: as of Tuesday, Charter subscribers in Los Angeles who are also baseball fans will finally be able to watch their own home team on TV.
Time Warner Cable Has Lowest Customer Satisfaction Score Of All U.S. Companies, Not Just Cable Providers
Comcast keeps promising that this is the year their legendarily bad customer service gets an overhaul, but consumers don’t seem to be buying it. A national survey asking consumers about cable and internet companies has, once again, dropped Comcast and Time Warner Cable right at the very bottom of the heap.
The Los Angeles Dodgers currently hold a narrow lead in the National League West over the San Francisco Giants, but many Dodgers fans can’t watch their favorite team play because Time Warner Cable hates everyone who doesn’t have Time Warner Cable and has been unwilling to share the SportsNet LA network it co-owns with the team. That is until today, when Charter and its well-heeled backers lobbed $55 billion their way. [More]
After months of rumors, this morning it became official: Charter plans to step in where Comcast failed, with a $55 billion plan to acquire Time Warner Cable. Regulators looked unfavorably on Comcast’s bid, finding it would have too many negative effects on consumers and on competition. But Charter clearly would not be trying its own takeover, with such a huge price tag, if they didn’t think they stood a good chance of success. So what makes the second offer so different from the first — and is it any more likely to succeed?
Almost immediately after the failure of the Comcast acquisition of Time Warner Cable came news that TWC’s original suitor, Charter Communications, was already knocking at the door looking to rekindle their romance. Today, the couple made it official with the news that Charter and TWC will walk down the aisle in a deal worth around $55 billion. [More]
Cable company installation horror stories usually involve things like poorly run cords, maybe a dead gecko, gaping holes in walls, possibly having your house condemned, and the occasional tech who pees into a bag instead of in the bathroom. But a woman in Staten Island says a disagreement with her Time Warner Cable tech escalated to the point of him assaulting her in her house. [More]
It’s like something out of a romantic comedy that stars a couple of mid-level TV actors and gets dumped into theaters in mid-March: Fresh on the heels of being left at the altar by big-bucks beau Comcast, Time Warner Cable apparently finds itself being courted by a pair of very different suitors — a nice guy from Connecticut with rich friends and a mysterious French billionaire currently on a stateside shopping spree. [More]
The collapse of the much-discussed, absolutely enormous Comcast/Time Warner Cable merger earlier this year might have been an occasion for consumers and consumer advocates to cheer — but for businesses, it was much less good news. Cable companies that want to buy other cable companies are kind of freaked out: what if the FCC is hostile to their plans, too?
In the months leading up to the FCC’s vote on new net neutrality rules, the cable industry claimed that reclassifying broadband service to treat it more like a utility would harm investment and innovation (not to mention the outright lie that it would give control of the Internet to the government). Now that Neutrality is on the books (but still a few weeks away from being implemented), some of the biggest names in the cable industry are now shrugging their shoulders and saying it’s really not a big deal. [More]
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]
Odds are (unless you live in central Florida) that you probably don’t know much about Bright House Networks. The cable company serves about 2 million TV and internet customers, mostly in Florida and also in Alabama, Indiana, Michigan, and California. But in the many eddies rippling through the cable world after the sinking of the Comcast/TWC merger, this one regional provider may be poised to make or break some pretty big deals.
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]
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]
Today’s headlines are all about Comcast failing to buy Time Warner Cable, but there weren’t just two players in the game. Another company is losing out: Charter would have been the lucky recipient of all the mega-merger’s spun-off customers, giving them greater consolidation over markets mainly in the midwest. But with the failure of the mega-merger, TWC is now minus one new owner, and Charter is minus all those new paying customers. So if a new deal i already in the works, well, color us unsurprised. [More]
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]
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.