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Comcast picks up Time Warner cable for $45bn

Comcast has acquired Time Warner

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 telcos, cablecos add 580k broadband subs in Q3

FreedomPop aims to shake up the US mobile market with its free 4G offering

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.

Verizon Wireless completes spectrum purchase

Verizon Wireless' proposed spectrum purchase deals have been approved by the FCC

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.

US DoJ insists on amendments to Verizon spectrum deal

Verizon is buying unused spectrum holdings from the four largest US cable operators

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.”

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