Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Neustar, Inc.
Protect your website & network
using real-time information & analysis

www.neustar.biz
Cloud Computing
Tame your scariest paperwork. Find Out How
Average Rating:
Rate this article:  
Comcast, Time Warner Broadband Merger on Hot Seat
Comcast, Time Warner Broadband Merger on Hot Seat

By Jennifer LeClaire
May 8, 2014 1:48PM

    Bookmark and Share
"The sheer size of the merged entity will allow it to exercise control over Internet content in unprecedented ways," said Dave Schaeffer, CEO of Cogent Communications, in a statement on the merger of Comcast and Time Warner. "One company controlling access to so many of America's 'captive eyeballs' should immediately raise red flags."
 



When Comcast announced it would shell out $45.2 billion to acquire Time Warner Cable in a stock-for-stock transaction, some industry watchers were skeptical about the deal going through. Now we can see why.

The American Cable Association, for one, is dead set against the deal. The ACA represents the nation's small- and mid-sized cable operators and testified on Thursday that the acquisition would threaten both consumers and competition.

In testimony prepared for a House Judiciary Committee hearing, ACA President Matt Polka said consumer hopes for lower prices, greater choice and more competition will be dashed, if the FCC and DOJ "ignore or treat lightly the potential harms" of the Comcast-Time Warner Cable deal.

Opposition Rising

Cogent Communications, an Internet service provider, is also against the merger. Dave Schaeffer, CEO of Cogent, submitted a written statement to the panel.

"The sheer size of the merged entity will allow it to exercise control over Internet content in unprecedented ways," Schaeffer said. "One company controlling access to so many of America's 'captive eyeballs' should immediately raise red flags."

Of course, Comcast and Time Warner Cable did not remain silent. Time Warner Cable CEO Rob Marcus and Comcast Executive Vice President David Cohen put out a statement of their own.

"The decision of the companies to combine reflects the increasing rivalry and experimentation among national and global companies, including such powerful companies as AT&T, Verizon, DirecTV, Dish, Amazon, Apple, Samsung, Sony, Google, Netflix, and Facebook in competing for consumer attention and loyalty across the broadband ecosystem," their statement said.

Power Play

Jeff Kagan, an independent technology analyst, said we should remember there was plenty of talk about how hard it would be to get the deal done when it was first announced.

"Now, when the rubber meets the road, we see just how hard it will be get this deal done," Kagan told us. "There are plenty of reasons why Comcast and Time Warner Cable want to do this deal. That goes without saying."

However, he said, there are also plenty of reasons approval will not be easy. To get the deal done, Kagan believes both Comcast and Time Warner are going to have to cough up a lot more to regulators.

"This will be a long and painful process for both Comcast and Time Warner Cable -- and, frankly, it should be anytime the Nos. 1 and 2 industry leaders want to merge," Kagan said. "That would put a hell of a lot of power over this industry in the hands of one company, and that is always one of the biggest concerns."
 

Tell Us What You Think
Comment:

Name:





 Cloud Computing
1.   Yammer Moved to Office 365
2.   IBM, California Partner in the Cloud
3.   Dropbox for Business Boosts Security
4.   Avaya Pressing Hard on Cloud-Based UC
5.   Cisco Woos More Devs with DevNet


advertisement
Amazon Intros Zocalo Storage Service
Online storage and sharing for business.
Average Rating:
Avaya Pressing Hard on Cloud-Based UC
Provides easier, faster provisioning.
Average Rating:
Cisco Woos More Devs with DevNet
To create new network-aware apps.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 
Wall Street Journal Hacked Again
Hacked again. That’s the story at the Wall Street Journal this week as the newspaper reports that the computer systems housing some of its news graphics were breached. Customers not affected -- yet.
 
Dropbox for Business Beefs Up Security
Dropbox is upping its game for business users. The cloud-based storage and sharing company has rolled out new security, search and other features to boost its appeal for businesses.
 

Enterprise Hardware Spotlight
Microsoft Makes Design Central to Its Future
Over the last four years, Microsoft has doubled the number of designers it employs, putting a priority on fashioning devices that work around people's lives -- and that are attractive and cool.
 
Contrary to Report, Lenovo's Staying in Small Windows Tablets
Device maker Lenovo has clarified a report that indicated it is getting out of the small Windows tablet business -- as in the ThinkPad 8 and the 8-inch Miix 2. But the firm said it is not exiting that market.
 
Seagate Unveils Networked Drives for Small Businesses
Seagate is out with five new networked attached storage products aimed at small businesses. The drives are for companies with up to 50 workers, and range in capacity from two to 20 terabytes.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.