April 23, 2015
Mohenjo
Breaking News
amazon, business, Business News, Comcast, FCC, federal communications commission, Hotels, human-rights, medicine, mental-health, research, Science, Science News, technology, Technology News, Time Warner Cable Inc., travel, vacation
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The Federal Communications Commission’s staff threw up a significant roadblock Wednesday to Comcast Corp. ’s proposed acquisition of Time Warner Cable Inc., recommending a procedural move that could potentially sink one of the media industry’s biggest mergers in years.
The FCC staff reached a conclusion that the best option for the FCC is to issue a “hearing designation order,” according to people familiar with the matter. In effect, that would put the $45.2 billion merger in the hands of an administrative law judge, and would be seen as a strong sign the FCC doesn’t believe the deal is in the public interest.
Comcast and Time Warner Cable may still have an opportunity to weigh in on the matter before the proceeding moves forward, people familiar with the situation said. Those people cautioned that the situation remains fluid and no final decision has been made.
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http://www.wsj.com/article_email/fcc-staff-recommends-hearing-on-comcast-time-warner-cable-merger-1429751499-lMyQjAxMTE1MTI1MjYyNzIwWj
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February 14, 2014
Mohenjo
Technical
amazon, business, Business News, cable companies, Comcast, Comcast Acquisition, Comcast Merger, Comcast Time Warner Deal, Comcast Time Warner Merger, Comcast Twc, Hotels, huffingtonpost, human-rights, Internet service, medicine, mental-health, netflix, Pay TV, research, Science, Science News, Streaming Media, technology, Technology News, Time Warner, Time Warner Cable, Time Warner Cable Comcast Merger, travel, vacation
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You’re probably already thinking that the merger of the two biggest cable companies in the United States isn’t going to turn out great for regular people.
Guess what? You’re on to something. If Comcast’s proposed $45.2 billion acquisition of Time Warner Cable actually happens (and that’s a big if), then the giant company would have 30 million customers and dominate cable and Internet service throughout the U.S.
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Joe Raedle via Getty Images
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February 14, 2014
Mohenjo
Technical
amazon, Broadband Competition, business, Business News, Comcast, Comcast Executive Vice President David L. Cohen, Comcast Google, Comcast Google Fiber, Comcast Takeover, Comcast Time Warner Cable, Comcast Time Warner Cable Merger, Comcast Time Warner Takeover, Comcast Twc, Google, Google Fiber, Google Inc, Hotels, huffingtonpost, human-rights, medicine, research, Science, technology, Technology News, Time Warner Cable Merger, travel, vacation
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When Comcast announced its planned $45 billion merger with Time Warner Cable Thursday, the company cited the emergence of a new competitor as one reason that regulators should approve the deal: Google.
But some are questioning whether Google’s new ultra-fast Internet service, Google Fiber, presents enough of a challenge to justify dramatically increasing Comcast’s market power.
In a blog post, Comcast Executive Vice President David L. Cohen cited Google’s new role as an Internet provider as one reason why Comcast could not become too dominant. “Comcast believes that there can be no justification for denying the company the additional scale that will help it compete more effectively,” Cohen wrote.
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Richard Robert McKeever, a fiber install technician for US Internet Corp., adjusts fiber optic internet cable so it does not become tangled during installation in Minneapolis, Minnesota, U.S., on Thursday, Sept. 11, 2013. The US Internet Corp. gigabit residential service is symmetrical with Google Inc. Fiber offering upload speeds of 1 Gbps and 1,024 Mbps for downloads. Photographer: Ariana Lindquist/Bloomberg via Getty Images | Bloomberg via Getty Images
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