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'Gatekeeper' threat nixed Comcast cable deal

2015-04-26 08:57:41| Telecom - Topix.net

MARCH 25: Federal Communications Commission Chairman Tom Wheeler testifies before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill March 25, 2015 in Washington, DC. Wheeler faced a tough line of questioning from the committee's Republicans about the FCC's recent move to regulate broadband Internet service like a utility using Title II of the Communications Act.

Tags: deal cable threat comcast

 

Winners and losers of the demise of the big Comcast deal

2015-04-25 03:43:19| Telecom - Topix.net

In the aftermath of Comcast's decision to walk away from buying Time Warner Cable, some winners and losers are emerging. Al ready, advisers for Charter Communications have reached out to Time Warner Cable to begin friendly talks on an acquisition, people with knowledge of the matter said.

Tags: the big deal winners

 
 

Comcast, TWC confirm deal has reached the end of the road

2015-04-24 17:26:00| Telecompaper Headlines

(Telecompaper) Comcast has confirmed its exit from the merger agreement with Time Warner Cable and from its transactions agreement with Charter Communications. CEO Brian Roberts said the company had structured the deal in such that, should the government not give its approval, it could just walk away. Time Warner Cable said the exit was made by mutual agreement. Both companies said they were confident in their strong momentum going forward. Dish also issued a statement to mark the end of the deal, saying it was the best possible outcome for consumers.

Tags: the end road deal

 

Comcast 'abandons' Time Warner deal

2015-04-24 09:33:05| BBC News | Business | UK Edition

US cable giant Comcast will abandon its proposed $45bn acquisition of rival Time Warner Cable after failing to convince regulators the deal would not harm competition, reports suggest.

Tags: time deal warner time warner

 

Comcast to exit merger deal with Time Warner

2015-04-24 09:00:00| Telecompaper Headlines

(Telecompaper) Comcast wants to pull out of its proposed takeover of Time Warner Cable as more administrative hurdles get set up and officials showing a marked lack of enthusiasm, the Wall Street Journal reprted, citing sources with knowledge of the matter. The deal awaited federal approval for more than a year, with opposition from the US Justice Department and Federal Communications Commission (FCC) sharpening over the past week. Comcast's board took a vote on the matter on 23 April and plan to come out with an announcement very soon. Time Warner Cable executives are expected to explain how the company will be able to survive independently during the release of their results on 30 April, the sources said.

Tags: time deal exit warner

 

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