Column: Spectrum, like other big companies, seeks to abandon its merger promises

  • 📰 latimes
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 82%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Spectrum joins other big companies in bailing on promises they have made.

Comcast customers and their advocates may believe that the cable company’s reputation for wretched service was the key factor in federal regulators’ distaste for its proposed merger with Time Warner Cable, which has now been called off.

“The state of the art evolves very quickly in this field,” Wood adds. If the companies didn’t expect customers to hit 1-terabyte usage levels, “why would they set the cap there?” GOP commissioner Ajit Pai voted against the approval because he objected to the conditions. The approval order “isn’t about competition, competition, competition; it’s about regulation, regulation, regulation,” a spokesman for Pai said at the time. “It’s about the government micromanaging the internet economy.” GOP Commissioner Michael O’Rielly voted in favor of the merger, but dissented from the conditions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

hiltzikm

hiltzikm We should enforce antitrust laws. Also we should allow cities to treat telecommunications infrastructure exactly like how we treat roads. The cities manage the physical infrastructure to allow creating a marketplace with a lower barrier to entry to encourage more competition.

omfg why go through the trouble of rebranding and all the other stupid bending over backwards shit you have the employees do to cover for your companies shitty mistakes if you are just going to repeat them? Fuck Charter.

Canada Canada Latest News, Canada Canada Headlines