je.st
news
Tag: fcc
Comcast to drop Detroit if FCC approves Time Warner merger
2014-10-07 08:33:00| Telecompaper Headlines
(Telecompaper) Comcast has revealed it will pull out of Detroit and other midwestern and southern US communities if the Federal Communications Commission (FCC) green lights its USD 45.2 billion acquisition of number two cable operator Time Warner Cable. In a reply to groups objecting to the proposed merger, Comcast said it would withdraw from some markets, to become what it described as "an urban clustered cable company", above all gaining New York and Los Angeles. In total, the transaction would expand Comcast's video customer base by 7 million. By giving up markets such as Detroit, Minneapolis-St. Paul or Cleveland, Comcast would keep its share below the limit of 30 percent of US pay-TV homes that the company has agreed to honour. If the proposed merger gains regulatory approval, cable subscribers formerly under the Comcast umbrella in cities such as Detroit, Minneapolis and elsewhere would be served by a new company, GreatLand Connections, a joint venture with Charter Communication. However, as Bloomberg points out, GreatLand would start with USD 7.8 billion in debt, equal to about five times its earnings before interest, taxes, depreciation and amortization (EBITDA).
Tags: time
drop
detroit
warner
FCC pauses 'shot clock' on Comcast-Time Warner Cable merger review
2014-10-04 03:29:35| Telecom - Topix.net
The U.S. Federal Communications Commission on Friday said it will pause its informal "shot-clock" on the review of the proposed $45 billion merger between Comcast Corp and Time Warner Cable Inc. The FCC said it will pause its informal 180-day clock to review the merger until Oct. 29, the new deadline for the public and stakeholders to comment, or until the agency deems Comcast's responses to the regulators' lengthy information request as complete. On Friday, the FCC's review was in day 85 of the 180-day deadline it informally imposes on itself to complete a merger review.
FCC approves sale of FOX 13 to Cox Communications
2014-10-03 12:18:28| Telecom - Topix.net
FOX Television Stations and Cox Media Group announced they were swapping a handful of stations, including WHBQ, in July. Under the swap, FOX will get FOX affiliate KTVU and independent KICU in San Francisco, and Cox will get FOX-owned WHBQ in Memphis and WFXT in Boston.
Tags: sale
communications
fox
cox
FCC gets 80 applications for AWS-3 auction
2014-10-03 09:30:00| Telecompaper Headlines
(Telecompaper) The Federal Communications Commission (FCC) said it has received 80 applications for Auction 97, scheduled to start on 13 November. The auction will offer AWS licenses in the 1695-1710 MHz, 1755-1780 MHz and 2155-2180 MHz bands (AWS-3). Of the applications received, 33 were complete and 47 incomplete. All participating companies must pay the required deposit by 15 October. The regulator plans to release the final list of all qualified bidders in early November. It will then also give details of the bidding schedules for the mock auction, set to take place on 10 November, and for the first day of the actual auction.
Tags: applications
auction
fcc
Gigaom: FCC dangles $45 billion in front of TV stations, hoping to...
2014-10-01 22:12:11| Telecom - Topix.net
FCC Chairman Tom Wheeler is making the hard sell to TV broadcasters, enticing them with the possibility of big payouts if they fork over their airwaves for auction. The Federal Communications Commission is trying to convince local TV stations across the country that giving up their broadcast airwaves is in their own best interests.
Tags: to
front
stations
billion
Sites : [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] [128] next »