New Street Research managing partner Jonathan Chaplin said the cable business is going to look vastly different in the next five years. “Today the wireless and cable industries have completely separate networks.
Time Warner shareholders approved the pending $108.7 billion merger with AT&T on Feb 15, putting the mega-deal on a path for a year-end 2017 close.
Credit rating agency Moody’s Investors Service predicts that mergers & acquisitions activity among telecommunication companies will continue as the industry seeks to offset low revenue potential and intensifying competition with deals.
Cable One said it has agreed to purchase mid-sized cable operator NewWave Communications from private equity group GTCR for $735 million in cash. The deal is expected to close in the second quarter of 2017.
Tiny public utility Conway Corp., is the latest company to enter the ultra high-speed Internet arena, with plans to unveil a 1-Gigabit per second broadband service in Conway (AR) in December. Conway Corp.
Comcast could have its eye on as much as 30 Megahertz of wireless licenses in the upcoming federal incentive spectrum auctions, based on a line item buried in its third quarter financial statements filed with the Securities and Exchange Commission
Comcast said in a Securities and Exchange Commission filing that it now expects to gain the necessary regulatory approvals for unionist acquisition of Time warner Cable in early 2015.
The battle for sports superiority in the Los Angeles area continues as Time Warner Cable piled on additional feeds of the Pac-12 Network to customers in the area.
Comcast chairman and CEO Brian Roberts told analysts that he believes AT&T’s pending deal to acquire DirecTV is a “powerful combination,” adding that the $67 billion merger validates the idea that the market is changing rapidly.
Less than a week before it announced its $67 billion merger with AT&T, DirecTV continued to hold talks with an undisclosed competitor, according to documents filed with the Securities and Exchange Commission.