Topics

Time Warner Inc.
New FCC definition of high-speed Internet may affect Comcast-TWC deal
New FCC definition of high-speed Internet may affect Comcast-TWC deal

The Federal Communications Commission's new definition of high-speed Internet service could become a factor in Comcast Corp.'s proposed takeover of Time Warner Cable. The FCC and the U.S. Department of Justice are reviewing the Comcast-Time Warner Cable tie-up, which would include nearly 1.8 million homes in the Los Angeles region. The government agencies are working to determine whether the combination of the nation's two largest cable companies is in the public interest and whether it poses a threat to competition. Separately, the FCC this week approved a new benchmark for broadband Internet download speed at 25 megabits per second, up from 4 megabits per second. The...

Loading