Last week, Comcast publicly and definitively ended its bid to swallow up Time Warner Cable. Part of the merger process involved regulatory reviews in the states, mostly around the transfer of Time Warner’s franchise agreements to Comcast. In New York, the company had petitioned the state Public Service Commission to clear the way for the […]
Comcast
Posted inNews & Opinion
Comcast ends bid to merge with Time Warner
The Comcast-Time Warner Cable merger is off. This morning, Comcast released a statement saying that it’s calling off the deal. The decision comes after reports that Comcast and Time Warner faced growing resistance from Federal Communications Commission and Department of Justice staff. Here’s the statement from Comcast’s Chairman and CEO Brian L. Roberts: Today, we […]
Posted inNews & Opinion
State’s Comcast-Time Warner merger review trudges on
The state’s decision on the Comcast-Time Warner Cable merger will not be made by the end of the year as previously projected. Comcast and Time Warner have again agreed to grant state Department of Public Service staff additional time to review the proposed transaction, where Comcast would swallow-up Time Warner to create one cable mega-corporation […]
Posted inNews & Opinion
State’s Comcast-Time Warner review extended
The state Public Service Commission has postponed its decision on the proposed Comcast-Time Warner Cable merger. The decision had been expected today. In a filing yesterday, Comcast and Time Warner Cable agreed to a request from commission staff to delay the decision, as long as the matter concludes by the end of 2014. The commission […]
Posted inNews & Opinion
[UPDATED] New York’s Comcast-Time Warner decision could come in November
New York regulators will probably make their decision on the Comcast-Time Warner Cable merger by the end of fall. When the State Department of Public Service announced its review of the merger in late May, it said that the process would take about four months. But department staff requested an extension, according to a filing […]
Posted inNews & Opinion
Comcast-Time Warner deal in regulators’ hands
If approved, the merger would make Comcast, already the largest pay TV and broadband Internet provider in the country, even bigger.
Posted inNews & Opinion
Comcast-Time Warner merger probably not great news for consumers
Rochesterians have limited choices for high-speed Internet service — something that’s almost a modern necessity. And a pending merger between Comcast and Time Warner probably won’t help matters. The Washington Post reports that Comcast will pay $45 billion in stocks to take over Time Warner. The deal needs to clear federal anti-trust reviews, but those reviews tend to […]
