Kentucky city threatens to block Comcast/Time Warner Cable merger
Comcast has to convince the federal government to approve its purchase of Time Warner Cable (TWC), but so far the government advancing the most aggressive opposition may be in Lexington, Kentucky.
The city is served by Time Warner Cable, and it isn't happy with the service. The city council "voted unanimously during a council work session … to put two resolutions denying transfer of ownership on the agenda for [an upcoming] council meeting." Comcast's purchase of Time Warner Cable includes a sale of certain territories to Charter. Charter would take over in Lexington after the deal. Lexington's cable franchise agreement with TWC expired in 2012, but hasn't been renewed.
Kentucky city threatens to block Comcast/Time Warner Cable merger