Two of the biggest cable networks in the US on Thursday agreed to a monster $45.2bn deal that will see Comcast acquire 100 per cent of Time Warner Cable. The transaction will generate approximately $1.5bn in operating efficiencies but will need to be cleared by regulatory and competition authorities.
US satellite operator Dish Network has submitted an official filing with regulator the FCC, expressing concerns over two of the biggest proposed mergers on the table in the US market at present. Dish wants the pending Comcast and Time Warner Cable, and AT&T and DirecTV deals to go under the microscope.
The potential merger between US cable firms Comcast and Time Warner Cable has been criticised by both video on demand service provider Netflix and the Writer’s Guild of America, East (WGAE).
The seventeen largest cable and telecoms providers in the US (representing around 93% of the market) acquired 579,521 additional broadband subscribers in the third quarter of this year, according to US firm Leichtman Research Group.
By shifting innovation from its set top box product into the cloud, US cable TV provider Comcast has revolutionised its offering, according to Mark Hess, senior vice president at the company. Speaking in the keynotes on Wednesday morning, Hess said: “Years ago we were trapped in that set top box. We could never manage to get the innovation into the box.”
US cable operator Comcast plans to have IPv6 available to all its customers by mid-2013, its Distinguished Engineer & Chief Architect for IPv6 John Brzozowski, told an audience at the Broadband World Forum. Brzozowski said that Comcast’s plan was to deploy IPv6 incrementally, and the priority was to ensure that it would not affect its customers’ experience. “We are not going to die the death of 1000 cuts,” he said.
Research from US firms Parks Associates has found that 14 per cent of all US broadband households are “highly interested” in receiving security services from their ISPs.
US cableco Comcast has reported strong progress for its ‘Internet Essentials’ broadband adoption programme in the US, now in its second year, and revealed that more than 100,000 families and 400,000 low-income Americans are now benefitting from the initiative, designed to close the digital divide.
In a market where spectrum is becoming an increasingly valuable asset, US carrier Verizon Wireless has secured approval for its purchase of 122 AWS spectrum licences from cable companies Comcast, Time Warner Cable and Bright House Networks for $3.6bn. It will also complete transactions with Leap Wireless, Savary Island Wireless and T-Mobile, after the US Federal Communications Commission (FCC), approved the deals.
The US Department of Justice has given qualified approval to the US operator Verizon’s plan to purchase wireless spectrum holdings from the four largest US cable operators, Comcast, Time Warner Cable, Bright House Networks and Cox Communications. But agreements between Verizon and the cable operators to offer one another’s services must change, the DoJ said, because the plan as hatched “would have harmed competition by diminishing the companies’ incentive to compete.”
US cable operator Comcast, has demonstrated a broadband network running at 1Gbps on the downlink. The company’s chief executive officer Brian L. Roberts gave the demo at the National Cable & Telecoms Association (NCTA) 2011 show in Chicago, by downloading 23 episodes of the US television show 30 Rock, representing nine hours of content, in around 90 seconds.
The ongoing dispute over net neutrality was dealt a serious blow this week as a US federal court ruled that the FCC does not have the authority to force all service providers to treat internet traffic the same.
US cable carrier Comcast, one of the backers of WiMAX operation Clearwire, has announced plans to launch its own wireless broadband service under the High-Speed 2go brand.
As expected, Clearwire shareholders on Thursday approved the ‘new’ Clearwire joint venture. Comprising Sprint Nextel (51 per cent) and Clearwire (27 per cent) – with the remaining equity held by Intel, Google, TimeWarner Cable, Comcast and Bright House Networks – the new company has ambitious plans to roll out mobile WIMAX across the US. [...]
If there were such a thing as an anti-WiMAX lobby group (and let’s put aside cynical thoughts that one already exists and is headquartered in Stockholm) it would have had a lot of fresh material to work with recently.