Comcast Chairman-CEO Brian L. Roberts sought to serenade the nearly 100 shareholders who showed up at Philadelphia's Kimmel Center for the Performing Arts Wednesday with a story about the media company's momentum as it seeks to gain approval and close out its proposed $45 billion takeover of Time Warner Cable. But protestors gathered outside sought to ruin the music.
Cable operator Comcast, which recently signed a peering deal with Netflix to increase the amount of bandwidth the online video provider can use to reach subscribers on its network, has launched its own content delivery network without fanfare. Meanwhile, Apple is moving forward with a CDN buildout of its own and is negotiating paid interconnect deals with a number of unnamed ISPs.
These days, rumors in the telecom space are flying fast--not just in online video, which is seeing a lot more activity this year than in the past, but in wireless as well. New players that operated in traditionally separate segments of the industry, like fixed-line network operators and cable providers, are hunting new revenue paths, leading to all sorts of speculation. FierceWireless takes a look at these and other rumors, and details the seven most likely to come to fruition in this special report.
In trying to acquire DirecTV for $49 billion, AT&T perhaps deliberately has opened itself up for the same level of criticism and scrutiny as Comcast in its ongoing quest to acquire Time Warner Cable for $45.2 billion.
Even as AT&T's $48.5 billion bid to acquire DirecTV momentarily diverts attention, New York Gov. Andrew Cuomo is promising a laser focus on a more immediate matter: whether Comcast should be allowed to acquire Time Warner Cable.
Potential partners Comcast and Time Warner Cable were cellar dwellers in both the pay-TV service provider and ISP category of the recent American Customer Satisfaction Index of communications industries. Comcast nailed a pay-TV score of 60 and ISP score of 57, and TWC came in at 56 and 54 respectively on a 100-point scale.
U.S. multichannel video programming distributors (MVPDs) saw one of their strongest periods in the first quarter of 2014, adding a total of 202,670 customers.
AT&T's bid to acquire DirecTV for $48.5 billion poses multiple challenges for the cable industry and, specifically, for Comcast's ongoing effort to acquire Time Warner Cable for $45.2 billion.
It didn't take long for tech companies big and small--including Amazon, Google and Yahoo--to rally against the FCC's proposed net neutrality rules that would allow broadband providers to charge a fee for a fast lane on the Internet. The companies said the new rules would hurt consumers and industry competition.
Former Insight Communications CEO Michael Willner will serve as chief executive of the new cable company to be owned by Comcast and Charter Communications following Comcast's merger with Time Warner Cable.