Charter bid to buy Time Warner could widen California's digital divide

11 June 2015 by Steve Blum
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If Charter Communications is successful in its attempt to buy Time Warner Cable and Bright House Communications, it will control about half of the Californian broadband market, and low income households will make up a disproportionately high share of that expanded customer base.

Comcast’s failed attempt to buy Time Warner (including Time Warner’s ownership interest in Bright House) and swap markets with Charter would have given it control of 84% of the broadband market in California, according to an analysis done by the California Public Utilities Commission’s office of ratepayer advocates (ORA).… More

A new cable mega-deal for Charter and Time Warner

27 May 2015 by Steve Blum
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I said I’d pull myself back together.

Now it’s Charter Communications’ turn to try to buy Time Warner Cable. The latest mega deal would have Charter hanging onto its deal to buy Bright House, and paying $57 billion for Time Warner’s cable systems and 15 million subscribers. If successful, it would make Charter the second largest cable company in the U.S. and the largest in California.

Federal Communications Commission chairman and lobbyist-in-chief Tom Wheeler wasted no time in reassuring the world that this latest deal won’t necessarily meet the fate of the Comcast-Time Warner-Charter mega-deal that was killed by federal regulators…

The FCC reviews every merger on its merits and determines whether it would be in the public interest.

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Charter pushes ahead with bid to expand California footprint via Bright House purchase

20 May 2015 by Steve Blum
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Not dead yet.

Well, the deal lives. Charter Communications is still in the hunt to take over Bright House Networks. Reuters reported that the deal was off, following the crash of the Comcast-Time Warner-Charter mega-merger. But if anything was actually broken in the first place, it’s now been fixed, according to a press release from Charter

The companies remain committed to completing their previously announced transaction on the same economic and governance terms.

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California cable universe resets to default

10 May 2015 by Steve Blum
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Control-alt-delete.

The last surviving remnant of the failed Comcast – Time Warner – Charter mega mash-up has gone to the Golden Hills. According to a story run on Reuters, Charter’s side deal to buy Bright House is dead…

Charter, the No. 4 U.S. cable operator, clinched the deal with Bright House in March contingent on completion of Comcast Corp’s $45.2 billion merger with Time Warner Cable Inc. Comcast walked away from the Time Warner Cable deal last month because of antitrust hurdles.

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Death of the Comcast deal isn't the end of broadband consolidation in California

27 April 2015 by Steve Blum
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It keeps pulling itself back together.

The end of the Comcast – Time Warner – Charter mega-merger and market swap means the cable television market in California will still be split mostly between the four largest U.S. cable companies, which are those three plus Cox. At least for now.

Conventional wisdom says that Time Warner is still in play, and Charter is likely to be the next company to make a move. Unless Time Warner decides to try to buy Charter first.… More

Comcast offers California a few crumbs

19 April 2015 by Steve Blum
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Not what the CPUC was thinking of ordering.

It’s almost certainly too little, too late, but Comcast has offered a few concessions to the California Public Utilities Commission, in the hopes of gaining approval for its proposed mega-merger and market swap with Time Warner and Charter. According to an article in the Los Angeles Times, Comcast came to a public meeting in LA last week with a much lighter alternative to the long list of conditions proposed by a CPUC hearing officer

On Tuesday the company submitted a list of voluntary commitments that it said would be acceptable.

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Comcast sings the same old tune in LA

16 April 2015 by Steve Blum
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You weren’t expecting a new act, were you?

It doesn’t look like any progress was made at a California Public Utilities Commission-supervised meeting between Comcast, its would-be mega-merger allies and opponents of the deal in Los Angeles on Tuesday. I was thinking of flying down to LA to see the show, but after reading the news accounts of it, I’m glad I didn’t. It seems – judging from those reports, anyway – that it was more of the same old, same old.… More

CPUC commissioner urges rejection of Comcast's California merger plans

13 April 2015 by Steve Blum
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It’s a new game.

The California Public Utilities Commission will formally consider denying Comcast’s proposed takeover of Time Warner and Charter cable systems in the state. Until now, the conversation has been guided by a tentative decision drafted by a CPUC administrative law judge that would approve the merger and market swap, with a long list of temporary conditions. On Friday, commissioner Mike Florio proposed an alternative decision that would reject the deal outright…

Certain material facts are beyond serious dispute: the merger will roughly double Comcast’s share of broadband subscribers in California, leaving it with several times more broadband customers than all its competitors combined; Comcast’s market dominance is even more dramatic if the market is defined as broadband above 25 Mbps; and given this substantial increase in market share, Comcast will have a concomitant increase in control over Californians’ access to online content and services…

Comcast and Time Warner each have an effective monopoly on providing broadband services within its local geographic area…a post-merger Comcast will have a monopoly on speed tiers of 25 Mbps and above in approximately 78 percent of California census blocks, with only one competitor in almost all the rest.

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Alternate ending emerges for California cable game

3 April 2015 by Steve Blum
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Click to see the big picture.

Charter Communications, the fourth largest cable TV company in the U.S., has an agreement to buy Bright House Networks, the sixth largest. The deal sets up a couple of possible futures for broadband in California.

Bright House and Charter are already wrapped up in the proposed Comcast-Time Warner merger. Via a series of market swaps, Comcast would get all of Charter’s systems in the state, except for the one at Lake Tahoe.… More

CPUC takes the Comcast party out of the backroom

24 March 2015 by Steve Blum
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It’s not official yet, but you can safely bet that the California Public Utilities Commission won’t be voting this Thursday on whether or not to approve the proposed Comcast-Time Warner-Charter mega merger and market swap. The CPUC posted an announcement yesterday that another “all parties” meeting will be held in Los Angeles in April to try to thrash out the three-cornered fight over the deal.

Comcast and its presumed partners want the transactions to be rubber-stamped with no conditions, consumer advocacy groups – including the CPUC’s office of ratepayer advocates – say it should be killed outright, and two other groups – the California Emerging Technology Fund (CETF) and Caltel, a lobbying organisation for competitive phone companies – want the conditions, at least those that benefit their respective interests.… More