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NEWS
November 17, 1995 | By Dianna Marder, INQUIRER STAFF WRITER
The nation's second-largest cable TV operator wants to buy the eighth- largest operator for $2.8 billion, but standing in the way of Philadelphia's little part of the deal is City Council President John F. Street. At issue is race. Street wants Time-Warner Cable, the prospective buyer, and Cablevision Industries, the seller, to include a minority person or persons as part-owner of the Cablevision franchise now serving West Philadelphia and several other neighborhoods. The Council president said it would be up to the parties in the sale to find a minority franchisee.
BUSINESS
December 15, 2013 | By Bob Fernandez, Inquirer Staff Writer
After talking for months about the potential for international deals, Comcast Corp. has hired Alexander D. Evans from the $37 billion private-equity firm Providence Equity Partners in Rhode Island. Evans will be one of four executive vice presidents at Comcast - the others are Steve Burke in NBCUniversal, Neil Smit in the cable division, and David L. Cohen, who supervises government affairs. A Comcast official said Friday that the hiring was unrelated to speculation Comcast could be looking to acquire Time Warner Cable, the nation's second-largest publicly traded cable TV distributor.
NEWS
January 1, 2015 | By Bob Fernandez, Inquirer Staff Writer
Xfinity subscribers in the Philadelphia region, New Jersey, and northern Delaware can expect bills to rise an average of 3.4 percent Thursday, Comcast Corp. announced. The higher bills affect customers who subscribe to TV, Internet, or phone services, company spokesman Jeff Alexander said. The nation's largest pay-TV company has told Wall Street that it earns $137 a month from "customer relationships" - a 3.4 percent rate increase on $137 amounts to an additional $4.65 a month. People on Xfinity promotional plans will not see higher prices.
BUSINESS
August 17, 2013 | By Bob Fernandez, Inquirer Staff Writer
Comcast Corp. is seeking to expand licensing of the cutting-edge software that runs its new cloud-based X1 channel guide, which could be the future of cable TV. Comcast and Time Warner Cable, the nation's two largest cable-TV companies, formed a joint venture to license the X1 software to cable companies, computer-chip manufacturers, set-top box makers, software developers, and others. Comcast says about 100 companies have licensed the software, referred to as the Reference Design Kit (RDK)
BUSINESS
January 9, 2014 | By Bob Fernandez, Inquirer Staff Writer
The fever seems to have broken at Comcast Corp., as the nation's largest cable operator added TV subscribers in the fourth quarter of 2013. For more than six years, Comcast shed more than two million TV subscribers as phone companies entering the pay-TV business, satellite-TV companies, and new Internet video providers chipped away at its customers. Brian Roberts, chief executive of the cable giant, disclosed the development at a conference Tuesday in Las Vegas, without saying how many subscribers Comcast had gained.
BUSINESS
November 4, 2014 | By Bob Fernandez, Inquirer Staff Writer
Greatland Connections Inc., the publicly traded company that would inherit 2.5 million cable-TV subscribers disgorged by Comcast Corp., is seeking to trade on the NASDAQ exchange under the ticker "GLCI. " Comcast shareholders would own 67 percent of Greatland. Greatland will only come into existence if the U.S. Justice Department and the Federal Communications Commission approve Comcast's proposed $45.2 billion acquisition of Time Warner Cable, the nation's second-largest cable company.
BUSINESS
May 6, 2009 | By Bob Fernandez INQUIRER STAFF WRITER
Consumers have attacked with a Web site, www.stopthecap.com, and protesters packed two town hall meetings in Upstate New York, where Time Warner Cable Inc. proposed "metering" customers' Internet usage. The issue may be the first big test in the "net neutrality" debate for the Obama administration. Opposing the metering, or consumption-based billing, are Rochester-area consumers, including doctors and college students, who say Time Warner Cable's plan would increase monthly bills for those who download movies and other information files on the Internet.
BUSINESS
September 5, 2013 | By Bob Fernandez, Inquirer Staff Writer
Verizon Communications Inc. disclosed the details Tuesday of its $130 billion deal to acquire Vodafone Group Plc's 45 percent stake in Verizon Wireless. Verizon, the phone-service provider in the Northeastern United States, has operated Verizon Wireless in a joint venture with London-based Vodafone since April 2000. The transaction will give Verizon full control of the nation's largest wireless provider, with slightly more than 100 million subscribers, even as Wall Street speculates about other telecom deals.
NEWS
May 2, 2000 | By Gail Shister, INQUIRER TELEVISION COLUMNIST
It wasn't a Good Morning in America yesterday for cable subscribers caught in the middle of a spat between two media giants. With Time Warner Cable and the Walt Disney Co. unable to agree on a contract, ABC's popular morning show at 7 a.m. was unavailable to Time Warner Cable subscribers. Also unavailable were The View, the ABC soaps, and last night's celebrity edition of America's most popular show, Who Wants to Be a Millionaire, all on Disney-owned ABC. While the dispute affects only a small fraction of the nation's 100 million TV homes - 3.5 million, including 65,000 in Philadelphia - it plays into consumers' worst fears about a new media world dominated by fewer and fewer huge companies.
NEWS
April 29, 2015 | Inquirer Editorial Board
The collapse of Comcast's megamerger with Time Warner Cable disappointed company executives and a host of hometown politicians who rooted for the deal. The trouble for Comcast starts with how many fans it can count among those who get its services but not its campaign contributions. Not long after the $45 billion deal was proposed last year, the company's notorious customer service army proceeded to produce a series of ill-timed public-relations debacles. Given that the nation's largest cable provider was planning an alliance with the only company that ranked even lower on last year's American Consumer Satisfaction Index, such setbacks were somewhat predictable.
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NEWS
April 29, 2015 | Inquirer Editorial Board
The collapse of Comcast's megamerger with Time Warner Cable disappointed company executives and a host of hometown politicians who rooted for the deal. The trouble for Comcast starts with how many fans it can count among those who get its services but not its campaign contributions. Not long after the $45 billion deal was proposed last year, the company's notorious customer service army proceeded to produce a series of ill-timed public-relations debacles. Given that the nation's largest cable provider was planning an alliance with the only company that ranked even lower on last year's American Consumer Satisfaction Index, such setbacks were somewhat predictable.
BUSINESS
April 27, 2015 | By Jeff Gelles, Inquirer Columnist
OK, let's all take a deep breath about our hometown cable powerhouse. You can make merry or mourn over Comcast's decision - pushed by federal regulators - to drop its $45 billion takeover of Time Warner Cable. Then you can join me in focusing on more pressing business at hand now in Philly: the expected renewal of Comcast's citywide franchises - the first in 15 years. City officials have scheduled six public meetings for this week as they start negotiating. It's your chance to speak up. Does the national news matter to the deal Mayor Nutter and City Council should be pushing to get - or to people in the hundreds of other towns nearby with Comcast franchises also due to come up for all-but-certain renewal?
BUSINESS
April 23, 2015 | By Jonathan Tamari, Inquirer Staff Writer
WASHINGTON - Six U.S. senators, including Al Franken (D., Minn.) and Elizabeth Warren (D., Mass.), wrote to federal regulators Tuesday, urging them to block Comcast Corp.'s proposed purchase of Time Warner Cable. Should the deal win approval, "we believe that Comcast-TWC's unmatched power in the telecommunications industry would lead to higher prices, fewer choices, and poorer quality services for Americans," wrote Franken, Warren, and Sens. Bernard Sanders (I., Vt.), Ed Markey (D., Mass.)
BUSINESS
April 20, 2015 | By Jeff Gelles, Inquirer Columnist
Mayor Nutter says he's just negotiating a business deal as Philadelphia heads into talks with Comcast over a cable-franchise renewal. The city wants the best possible terms from its hometown cable, Internet, and entertainment giant - six public forums are scheduled next week, if you'd like to weigh in. David L. Cohen, the Philly lawyer who was once the brains and chief spinmeister behind former Mayor Ed Rendell and who now plays a similar role...
BUSINESS
February 23, 2015 | By Jeff Gelles, Inquirer Columnist
Free the Phillies! Free the Flyers! Free the Sixers! Fat chance, you say? Maybe so. But that goal tops my wish list for this year's franchise-renewal negotiations between Philadelphia and its richest corporate citizen: loosening Comcast Corp.'s unfair and damaging grip on most of Philly's big-league sports scene. Like the frog who thinks he's just basking in a warm bath, we Philadelphians have gotten poached without ever quite acknowledging it. We love our home teams - even when they're as maddeningly mediocre as the recent Flyers and Phillies, or as bafflingly managed as today's Sixers.
BUSINESS
January 26, 2015 | By Jeff Gelles, Inquirer Columnist
Nearly everything went smoothly with Louis Moravec and Susan Thauer's holiday-week move from one Philadelphia neighborhood to another. The truck and crew arrived on time to take their belongings from Queen Village to Northern Liberties. The gas and power were functioning at their new home. Even Dec. 30's weather cooperated. The lone exception? Their Comcast cable and Internet service. Moravec had timed an appointment to have it connected on the morning of Dec. 31, and Thauer took off work to await the technicians.
NEWS
January 1, 2015 | By Bob Fernandez, Inquirer Staff Writer
Xfinity subscribers in the Philadelphia region, New Jersey, and northern Delaware can expect bills to rise an average of 3.4 percent Thursday, Comcast Corp. announced. The higher bills affect customers who subscribe to TV, Internet, or phone services, company spokesman Jeff Alexander said. The nation's largest pay-TV company has told Wall Street that it earns $137 a month from "customer relationships" - a 3.4 percent rate increase on $137 amounts to an additional $4.65 a month. People on Xfinity promotional plans will not see higher prices.
BUSINESS
December 25, 2014 | By Bob Fernandez, Inquirer Staff Writer
A contentious period of public comment regarding Comcast Corp.'s proposed $45 billion deal to acquire Time Warner Cable Inc. ended Tuesday with opponents again calling for the government to reject it and Comcast again saying the deal will lead to public good. The federal regulatory review of the megadeal - to merge the largest and second-largest cable-TV companies - now enters a negotiation phase that could last through March or April. Many industry observers believe that the Federal Communications Commission and the U.S. Justice Department will seek conditions on Comcast/Time Warner Cable that would limit its post-merger economic power in the cable-TV and high-speed broadband industries.
BUSINESS
December 5, 2014 | By Bob Fernandez, Inquirer Staff Writer
Regulators at the Federal Communications Commission have restarted their formal review of Comcast Corp.'s proposed $45 billion acquisition of Time Warner Cable Inc. A newly organized group, the Stop Mega Comcast Coalition, used the FCC's action Wednesday to ask the government to reject the proposal. The coalition consists mostly of companies and nonprofits that previously have criticized the deal, which would merge the nation's largest and second-largest cable-TV companies. "Mega Comcast would control an unprecedented 50 percent of the high-speed broadband wires across the country, and would be on a path to virtual dominance of the high-speed broadband market given that the combined company will pass two-thirds of U.S. households," Gene Kimmelman, president and chief executive officer of the nonprofit group Public Knowledge, said in a statement Wednesday.
BUSINESS
November 4, 2014 | By Bob Fernandez, Inquirer Staff Writer
Greatland Connections Inc., the publicly traded company that would inherit 2.5 million cable-TV subscribers disgorged by Comcast Corp., is seeking to trade on the NASDAQ exchange under the ticker "GLCI. " Comcast shareholders would own 67 percent of Greatland. Greatland will only come into existence if the U.S. Justice Department and the Federal Communications Commission approve Comcast's proposed $45.2 billion acquisition of Time Warner Cable, the nation's second-largest cable company.
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