USTelecom said that it is dropping out of the Stop Mega Cable Coalition, less than a month after formation of the group, which is intended to halt Charter Communication's takeovers of Time Warner Cable and Bright House Networks.
Charter's business services division is reaping the benefits of realigning the unit to focus on the specific needs of small businesses and larger enterprise customers as revenues rose 12.3 percent year-over-year to $294 million.
After growing its video subscriber base for the first time in over a decade, Charter Communications said it will be the only major operator not to raise customer pricing in 2016.
African-American entertainment mogul Byron Allen and his Entertainment Studios have filed a $10 billion racial discrimination suit against Charter Communications and the FCC, alleging racial discrimination in the way the MSO conducts carriage deals and the way the federal agency regulates them.
If Charter Communications is successfully able to acquire Time Warner Cable and Bright House Networks, it will combine with Comcast to serve around 70 percent of the U.S. marketshare of broadband users with download speeds of 25 Mbps or higher-- not the 90 percent figure posited by merger opposition coalition Stop Mega Cable, according to figures compiled by Ars Technica.
Dish Network and Public Knowledge have found themselves in a familiar place, with a familiar name, once again leading a group of labor unions and tech coalitions to oppose the merger of large cable companies.
Following complaints to the FCC by HBO that its mergers with Time Warner Cable and Bright House Networks would hurt over-the-top competition, Charter Communications used its company blog to declare itself "the most friendly operator to online video distributors."
Charter Communications has received approval from New York state regulators for its proposed $56.7 billion purchase of Time Warner Cable. The MSO agreed to provide access to 300 Mbps-speed broadband to all New York residents by 2019.
Charter Communications will have to wait a bit longer to complete its acquisitions of Time Warner Cable and Bright House Networks as the FCC has paused its "shot clock" on a six-month review of these deals.
The FCC has paused its "shot clock" on its six-month review of Charter Communication's proposed purchases of Time Warner Cable and Bright House Networks.