As Charter Communications moves forward with its pending $79 billion acquisition of Time Warner Cable, USTelecom is concerned that the deal and other consolidation in the cable market could impede broadband competition for ILECs and other competitors.
Cablevision has been quietly conducting trials of 1-gig Internet service in select New Jersey apartments, posters to DSLReports message boards indicate.
In what could be its last quarterly earnings report as an independent company, Cablevision reported modest video subscriber losses of 33,000 for the third quarter.
As it attempts to obtain regulatory approval for its pending purchases of Cablevision and Suddenlink Communications in the United States, analysts are concerned that France's Altice's cost-cutting plans for the two companies may be too aggressive.
Altice has put in place the final piece of the puzzle in regard to funding its purchase of Cablevision, with two investment funds contributing $1 billion for a 30 percent stake in the MSO.
Verizon, Cablevision and Time Warner Cable have become the subject of a New York Attorney General investigation over whether they charged consumers for speeds slower than what they advertised.
Verizon may be selling off a sizeable piece of its wireline network base to Frontier, but the service provider will have a concentrated FTTH base allowing it to effectively compete with Altice when the France-based company completes its Cablevision acquisition.
Cablevision announced that it settled its antitrust lawsuit against Viacom. The companies did not announce the terms of their agreement. The companies also said that they are "simultaneously entering into mutually beneficial business arrangements," but they did not provide details.
Altice filed an application with the FCC for its proposed $17.7 billion purchase of Cablevision, telling the regulatory agency that deal will help the MSO's position in a crowded New York market while increasing competition overall.
Cablevision and Verizon have settled lawsuits over an advertising battle in which each service provider criticized the actual speed of each other's Internet service offerings.