After 14 months of lobbying federal, state and municipal government officials, running ads and shuffling stacks of paperwork to the FCC, Comcast revealed to investors that its entire tab for its failed acquisition of Time Warner Cable comes to around $336 million.
The Mayweather-Pacquiao match may have been one of the biggest pay-per-view boxing events in decades, but technical problems caused major disruptions for viewers trying to tune in.
Comcast held the line in the first quarter of 2015, reporting a 2.6 percent revenue increase year over year to $17.85 billion despite the roller-coaster ride surrounding its failed merger with Time Warner Cable. But its subscriber numbers tell a tale of the cord-cutting tape, as the cable operator added 407,000 high-speed Internet customers but watched its video subscribers continue to decline.
Comcast is set to deploy a 2 Gbps fiber-to-the-home (FTTH) broadband product in Chattanooga, Tenn., to 200,000 customers in June, directly competing with fiber services provided by not only AT&T but also municipal utility EPB.
Comcast is moving to shake up the Chattanooga, Tenn., broadband market by challenging both local telco incumbent AT&T and municipal utility EPB with its own 2 Gbps fiber-to-the-home (FTTH) broadband offering starting in June.
As it fights for a new franchise agreement in its home city, Philadelphia, Comcast is also watching Minneapolis city officials consider a bid to let CenturyLink compete with Comcast in their market.
Regardless of whether it was ever going to be approved by the FCC and U.S. Justice Department, the long-awaited conclusion of the just-scuttled $45.2 billion merger between Comcast and Time Warner Cable was always going to have a major impact on the U.S. pay-TV business and broadband business. Special report
Now that the first-quarter earnings season is well underway, FierceCable is looking at how pay-TV distributors, including cable MSOs, IPTV operators and satellite providers, as well as relevant programmers and technology companies, performed in 2015's first quarter.
Charter Communications CEO Tom Rutledge will meet next week with his Time Warner Cable counterpart, Rob Marcus, to discuss the possible merger between the two companies, according to CNBC, citing anonymous inside sources.
Could Netflix be acquired by a pay-TV giant like Comcast? Now that the merger deal between Time Warner Cable and Comcast is dead, anything can happen.