they are following the road map left after MaBell breakup...
Divide, conquer, merge back, perform poorly with customers, profit!
"Comcast was ranked by Consumer Reports as one of the least liked Internet providers, just barely ahead of Time Warner Cable, which is set to be acquired by Comcast for $45.2 billion."
Isn't 3 million a tiny number compared to the merger? How is that any sort of sacrifice?
I'll bet it wouldn't come from their most profitable area either.
I say sell some of the time warner areas in NYC to cablevision.
capped customers, wheres the growth
So if comcast merger happens and they hit their market cap allowance how will they grow? they wont compete to get new customers but jack up prices or ancillary businesses and force quadruple plays.
|reply to cableties |
Re: Nothing new...
This is nothing new with TWC. They did the same thing in areas they didn't want to keep Adelphia markets. They created "Windjammer" spun them off- the investment companies went broke- TWC picked them back up again, only to become ZitoMedia in the end- which is Adelphia- same family, same location everything. Hell, even Adelphia never fully closed, they kept many of their systems under ZitoMedia after Comcast/TWC picked them up in bankruptcy.
|reply to majortom1029 |
Does CV really want the cost to rebuild and upgrade those areas though?
|reply to jgkolt |
Re: capped customers, wheres the growth
»blogs.wsj.com/law/2013/11/22/d-c ··· -easier/
The cap was tossed out of several times by the courts. The FCC has a nice history of creating rules they think should be laws which are always tossed out.
Execs Double Dipping?
If the spin-off is small enough for Charter to eat after the dust settles, perhaps the TW execs are already penning a second set of golden chutes into their spin-off contracts!
Where is the US Attorney General .....
I really believe that the US Attorney General's office should be investigating these individuals and companies as well.
It really appears that these executives are at least treading on criminal territory when it comes to their behavior, and perhaps malfeasance and
failure of fiduciary duty.
Hopefully NBC/Universal is divested
I'd like to see NBC/Universal divested as part of the deal as having Comcast owning NBC/U gives them no incentive to negotiate in good faith during carriage disputes with satellite companies, which directly competes with Time Warner and Comcast.
That would be the only "good" that would come out of this.
After this revelation you would have to realize that this is not a merger, this is a pillage.