Items tagged with (NYSE:TWC)
The only people who think data caps are a good things are the ISPs that make huge amounts of money by charging customers each month for overages. While ISPs with data caps are in the minority, new research from a company called BroadbandNow has surveyed every internet provider out there and found that out of all the...
Read more...
It might be just a tad early for Charter Communications to pop the champagne, but it can certainly have an intern fetch the bubbly in preparation of a celebration. The U.S. Department of Justice laid out settlement terms of an antitrust suit that would allow Charter to forge ahead with its proposed acquisitions of...
Read more...
In a letter sent to customers, Time Warner Cable (TWC) announced a series of price hikes for its various TV programming and Internet services. Perhaps ill timed, the price increases come less than two weeks after New York regulators approved TWC's proposed merger with Charter Communications.
Charter confirmed back...
Read more...
People living in New York may not be getting the broadband speeds they're paying for. To find out, New York attorney general Eric Schneiderman has sent out letters to three different Internet Service Providers requesting disclosures each one has made to consumers, along with copies of any internal tests they've run to...
Read more...
A Bloomberg report that came out on Memorial Day was right on the money when it came to Charter’s ambitions to take on cable juggernaut Comcast. Bloomberg learned that Charter would scoop up Time Warner Cable (TWC) for $195 per share, valuing the transaction at roughly $55 billion.
Charter confirmed the acquisition this morning, valuing
Read more...
Comcast came up as the biggest loser in its failed bit to acquire rival Time Warner Cable (TWC) for $45 billion. Comcast wasted over $30 million on lobbying and tucked its tail between it legs once it became clear that U.S. regulatory agencies would not approve the merger.
Comcast’s loss is now Charter’s gain...
Read more...
It's nice to feel wanted, isn't it? Time Warner Cable knows the feeling. The cable company has been courted by numerous bidders in recent months, and though a $45 billion merger with Comcast ultimately fell apart due to regulatory concerns, it would be surprising if a deal didn't happen. In addition to Charter and...
Read more...
Comcast's proposed $45.2 billion acquisition of Time Warner Cable hit a brick wall when the Federal Communications Commission recommended what's called a "hearing designation order," a procedural move that tasks an administrative law judge to determine if a merger would be in the best interest of the people. Rather...
Read more...
Had things gone to plan, Comcast would be celebrating the thumbs up by the Federal Communications Commission to proceed with its proposed $45 billion acquisition of Time Warner Cable (TWC). But it didn't go down that way. The merger received intense criticism and opposition from the get-go, and instead of giving...
Read more...
As we originally posted yesterday, Comcast today confirmed that it has abandoned its bid to acquire rival Time Warner Cable for $45 billion. The deal, which was originally announced in February 2014, was questionable at best, but came under more scrutiny in recent weeks.
The company issued a brief statement this...
Read more...
From the moment the proposed $45 billion Comcast-Time Warner Cable (TWC) merger was announced over a year ago, many consumers were understandably worried about what that would mean for competition in the broadband and TV markets, not mention how it would affect their bills each month. Add that in with the fact that...
Read more...
If Comcast and Time Warner Cable have a Plan B, they may want to consider implementing it. Just as was expected would happen, the Federal Communication Commission's staff reportedly recommended what's called a "hearing designation order" to determine if the proposed $42.5 billion Comcast-TWC merger is within the best...
Read more...
The opposition to the $45 billion Comcast-Time Warner Cable merger is growing. Late last week, we reported that the Department of Justice (DOJ) antitrust division is damn near close to recommending that the deal be nuked. The DOJ’s recommendations could ultimately lead to a lawsuit aimed at stopping the deal in its...
Read more...
Comcast has spent the past year extolling the benefits of its proposed merger with Time Warner Cable, but many in the tech industry and plenty of customers aren’t so certain that a merger is the right way to go. As we’ve seen time and time again, Comcast’s customer service is often atrocious and Time Warner Cable...
Read more...
What is it with cable companies these days? If they aren’t jacking up your rates every year or renaming you to “Asshole Brown” or “Super Bitch”, they’re releasing half-baked products while making it seem as though they’re doing you a favor. Comcast drew more than a few sneers this week when it declined to sign off on...
Read more...
It was a year ago this month when cable giant Comcast announced that its board of directors approved a definitive agreement to acquire Time Warner Cable (TWC) in a deal worth about $45 billion. Given the size of the two companies, the possibility of joining forces immediately drew anti-competitive concerns, though a...
Read more...
We've covered the battles between ISPs and various large-scale content providers multiple times before. From deliberately throttling Netflix users to older spats that prevented Time Warner customers from watching cable channels they'd legally paid for, these kinds of disagreements are common in America these days. A...
Read more...
As much as Netflix is loath to pay Internet Service Providers (ISPs) for uninterrupted access into homes of each provider's customers, the streaming service continues to ink peering deals so that its own subscribers can enjoy high quality videos and less buffering. One of the newest deals involves a reported agreement...
Read more...
Thinking twice on the matter, Comcast and Time Warner Cable (TWC) have both decided to withdraw significant donations totaling a combined $132,000 to a fundraising dinner honoring Federal Communications Commission (FCC) Commissioner Mignon Clybrun, who is scheduled to receive a special "diversity advocate" award at...
Read more...
No need to brace yourself for this one, but in case you were wondering, Americans are typically dissatisfied with their cable and Internet service providers (ISPs). That won't be shocking to most, but lest there was any doubt, numbers from the American Consumer Satisfaction Index show that cable companies and ISPs are...
Read more...
Comcast is highly motivated to complete a $45 billion deal to acquire Time Warner Cable. So much, in fact, that Comcast has come to a separate agreement with Charter Communications to get rid of 3.9 million of subscribers, which is contingent on the TWC merger taking place. It's Comcast's hope that divesting itself of...
Read more...
A couple of disclaimers are necessary before moving on. First, each one of us at HotHardware loves our parents. We could go on and on with reasons why, just understand that despite the embedded videos you're about to watch, we have nothing against moms and dads -- we just don't always want to watch movies and TV shows with them. Secondly,...
Read more...
