Connect to share and comment

Washington Post editorial backs Comcast-TWC merger with conditions

WASHINGTON (Reuters) - U.S. regulators should approve the proposed $45.2 billion merger of two biggest U.S. cable providers Comcast Corp and Time Warner Cable Inc, but set "clear conditions," Washington Post's editorial board said on Tuesday. Public interest groups and some lawmakers have opposed a merger, saying it would allow Comcast to raise cable television rates and gain more power over what Americans watch on TV or online.

Netflix's partnership with Comcast produces fastest video-streaming speeds in 17 months

SAN FRANCISCO - Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to a recent deal that bought Netflix a more direct connection to Comcast's network. The data released Monday by Netflix Inc. may become another flash point in a debate about whether the Federal Communications Commission should draw up new rules to ensure that all online content providers are treated the same by Internet service providers.

U.S. lawmakers press Comcast on Time Warner Cable merger

By Alina Selyukh and Diane Bartz WASHINGTON (Reuters) - Comcast Corp and Time Warner Cable Inc executives sought to reassure lawmakers on Wednesday that their planned merger would not send cable TV prices skyrocketing but found a fair amount of congressional skepticism.

Comcast defends merger as U.S. review kicks off

By Alina Selyukh and Liana B. Baker WASHINGTON/NEW YORK (Reuters) - Comcast Corp's merger with Time Warner Cable Inc would not deprive consumers of TV or broadband choices and would help the two companies compete against newcomers including Google Inc and Apple Inc in the video market, Comcast told U.S. regulators on Tuesday.

Comcast: Business services is sweet spot in Time Warner Cable deal

By Liana B. Baker (Reuters) - Selling Internet and phone service to businesses is hardly the sexiest part of the cable industry, but it has got a definite allure for the architects of the $45.2 billion merger of Comcast and Time Warner Cable. The two companies' sales to businesses of broadband Internet, voice lines and network services already total more than $5 billion, with the growth rate of 20 percent or more expected to be kept up at both the companies' business units.

Exclusive: States to probe Comcast plan to buy Time Warner Cable

By Diane Bartz WASHINGTON (Reuters) - Florida and other U.S. states will join the Justice Department in seeking to determine if Comcast's plan to merge with Time Warner Cable is legal under U.S. antitrust law, Florida officials told Reuters. Comcast shares slipped just over 1 percent, trading at $49.68 slightly before midday.

U.S. Senate Judiciary panel sets hearing on Comcast merger

WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee will hold a hearing on Comcast's plan to merge with Time Warner Cable in April and another on retransmission issues in late March, the committee said on Wednesday. Senator Patrick Leahy, who chairs the committee, said the panel would meet on April 2 to discuss plans by Comcast, the No. 1 U.S. cable operator, to buy TWC for $45.2 billion. TWC is the No. 2 U.S. cable operator. Both companies are major broadband Internet providers.

Media executives question Comcast-Time Warner Cable deal

By Liana B. Baker (Reuters) - One of the top executives of Twenty-First Century Fox Inc has raised questions about Comcast's potential dominance of the U.S. broadband Internet market if regulators allow its $45.2 billion merger with Time Warner Cable to be completed. Speaking at an investor conference on Tuesday, Chase Carey, Fox president and chief operating officer, said the "broadband issue" will be front and center when U.S. regulators review the tie-up that merges the No. 1 and No. 2 cable operators.

Germany to invest proceeds from frequency sales in broadband

BERLIN (Reuters) - German Infrastructure Minister Alexander Dobrindt said on Friday Berlin will invest the proceeds of planned sales of frequency bands to mobile telephone services in broadband infrastructure expansion. Germany's right-left coalition government aims to have broadband of at least 50 megabits a second available across the country by 2018, up from a coverage level of 60 percent. For the upgrade an estimated 20 to 34 billion euros is necessary.

U.S. antitrust chief recused on Comcast, Time Warner Cable review

WASHINGTON (Reuters) - The top U.S. antitrust enforcer, Bill Baer, will be recused from reviewing Comcast Corp's proposed deal to buy Time Warner Cable Inc, the U.S. Justice Department said on Thursday. The investigation of the $45.2 billion deal will be overseen by two other Justice Department officials: Principal Deputy Assistant Attorney General Renata Hesse and Deputy Assistant Attorney General David Gelfand, a litigator.
Syndicate content