Comcast Appeals FCC’s 30% Cable Cap

COMCAST APPEALS FCC'S 30% CABLE CAP
[SOURCE: Multichannel News, AUTHOR: Ted Hearn]
As expected, Comcast took the Federal Communications Commission to court Wednesday over the agency’s decision to prevent any cable company from serving more than 30% of pay-TV subscribers nationally. Comcast ­the largest U.S. cable company with about 27% market share ­ filed an appeal in the U.S. Court of Appeals for the D.C. Circuit, asking that the 30% limit be set aside as “arbitrary, capricious, and an abuse of discretion …” The Philadelphia-based cable operator promised to wage a court battle in December when the cap was adopted. Enforcement of the 30% cap would prevent Comcast from acquiring Time Warner Cable’s 13.3 million subscribers, to the extent Comcast wanted to bulk up geographically to better compete with AT&T and Verizon in voice, video and high-speed data markets.
http://www.multichannel.com/article/CA6540488.html?nid=4262