Join 200,000+ other SprintUsers for free at the #1 online community for Sprint cell phone customers! Win cool prizes in our weekly contests. Talk about the newest phones or post your question in our forums! Become a premium member and get unlimited Focus Uploads to your Sprint phone.

All visitors must register before they can post questions, contact other members or search our database of over 127,000 threads and 1.7 million posts. So what are you waiting for? Register for free today!


Reply
 
Thread Tools Display Modes
Old 02-12-2014, 10:36 PM   #1
Dan
Forever my Angel
 
Dan's Avatar
 
Mood: Relaxed
Join Date: Feb 6, '05
Location: western NY
Posts: 23,959
Phone: Verizon S7 Edge
Trades: 1
Thanks: 47
Thanked 753 Times in 616 Posts
My Mood: Relaxed
SU$: 129,291
Comcast Set to Acquire Time Warner Cable for $45 Billion

http://dealbook.nytimes.com/2014/02/...ype=blogs&_r=0

Comcast will announce a deal to acquire Time Warner Cable in an all-stock deal worth more than $45 billion that will unite the biggest and second largest cable television operators in the country, according to people briefed on the matter.

The surprise merger — expected to be announced on Thursday — is likely to bring to an end a protracted takeover battle that a smaller cable rival, Charter Communications, has been waging for Time Warner Cable, and will be the second major deal for Comcast in recent years to radically reshape the American media landscape.

Time Warner Cable shareholders will receive 2.875 shares of newly issued Comcast common stock for each of their shares. Based on Comcast’s closing price of $55.24 on Wednesday, that values each Time Warner Cable share at about $158.82 each.

The combination of the two is certain to attract antitrust scrutiny by regulators.

David Faber of CNBC earlier reported the deal.


Not sure how I feel about this. Have TWC now, haven't heard too many good things about Comcast from relatives that are in Comcast areas.
__________________
My angel is now an angel in heaven. 5/25/2000 - 12/5/2010. Rest in peace Alaina.
Dan is offline   Reply With Quote
Old 02-12-2014, 11:24 PM   #2
Matt
No H8
 
Matt's Avatar
 
Mood: none
Join Date: Oct 25, '03
Location: Portland, Oregon
Posts: 28,962
Phone: Galaxy S8
Trades: 5
Thanks: 318
Thanked 541 Times in 436 Posts
SU$: 80,383
I love Comcast services but they aren't much of a value.

Sent from my Sony Xperia Z using Tapatalk.
Matt is offline   Reply With Quote
Old 02-12-2014, 11:48 PM   #3
Guest
 
BrettW's Avatar
 
Posts: n/a
SU$: 0
If this gets regulatory approval I will have lost what little faith I had in the FCC left.
  Reply With Quote
The Following User Says Thank You to For This Useful Post:
Matt (02-13-2014)
Old 02-13-2014, 01:20 AM   #4
Dan
Forever my Angel
 
Dan's Avatar
 
Mood: Relaxed
Join Date: Feb 6, '05
Location: western NY
Posts: 23,959
Phone: Verizon S7 Edge
Trades: 1
Thanks: 47
Thanked 753 Times in 616 Posts
My Mood: Relaxed
SU$: 129,291
Quote:
Originally Posted by BrettW View Post
If this gets regulatory approval I will have lost what little faith I had in the FCC left.
If they approve it without requiring the new company to divest certain areas, or to actually cover less profitable rural areas, I will wonder who works for who, business or the government. I know of rural areas with need for high speed internet that can't get service as it's 5 miles of cable to run with maybe 20 customers along the way till you get to a town with 20-30 houses that may want to buy cable, internet, etc. Comcast has shown zero interest in serving those customers. They have no real option on internet but dial up, or limited wireless data.

Sent from my HTCONE using Tapatalk
__________________
My angel is now an angel in heaven. 5/25/2000 - 12/5/2010. Rest in peace Alaina.
Dan is offline   Reply With Quote
Old 02-13-2014, 06:40 AM   #5
cookie1069
ROLL TIDE
 
cookie1069's Avatar
 
Mood: Devilish
Join Date: Dec 24, '08
Location: Xenia, Ohio
Posts: 928
Phone: Galaxy Note 4
Thanks: 87
Thanked 108 Times in 85 Posts
My Mood: Devilish
SU$: 112
Send a message via AIM to cookie1069 Send a message via Yahoo to cookie1069
This will be interesting for Time Warner customers.
__________________
cookie1069 is offline   Reply With Quote
Old 02-13-2014, 07:28 AM   #6
Dan
Forever my Angel
 
Dan's Avatar
 
Mood: Relaxed
Join Date: Feb 6, '05
Location: western NY
Posts: 23,959
Phone: Verizon S7 Edge
Trades: 1
Thanks: 47
Thanked 753 Times in 616 Posts
My Mood: Relaxed
SU$: 129,291
http://my.chicagotribune.com/#sectio.../p2p-79282712/

The new company will divest 3 million customers. That means Comcast only wants 9 of the 12 million.

Sent from my HTCONE
__________________
My angel is now an angel in heaven. 5/25/2000 - 12/5/2010. Rest in peace Alaina.
Dan is offline   Reply With Quote
Old 02-13-2014, 07:55 AM   #7
tbakergobuck
Tg1rL + Unicorn = Love
 
tbakergobuck's Avatar
 
Mood: Amazed
Join Date: Dec 2, '02
Location: Ohio
Posts: 31,236
Phone: Note 40
Trades: 10
Thanks: 1,058
Thanked 712 Times in 608 Posts
My Mood: Amazed
SU$: 189,328
Quote:
Originally Posted by cookie1069 View Post
This will be interesting for Time Warner customers.
I hate Time Warner...lol Wish I never switched from Wow.
__________________
<Turtle>
tbakergobuck is offline   Reply With Quote
Old 02-13-2014, 08:04 AM   #8
YPG
You down with YPG?
 
YPG's Avatar
 
Mood: onvacation
Join Date: Aug 26, '05
Location: Outer Space
Posts: 31,993
Phone: M1 for life!
Trades: 13
Thanks: 1,592
Thanked 285 Times in 253 Posts
My Mood: onvacation
SU$: 42,357
Down with TWC!


What will this mean for the cost of services?

Will I actually be able to get a rep on the line who will note that the cable/internet is having problems instead of a rep who always blames their slow/pour service on the router I did not buy from them?
YPG is offline   Reply With Quote
Old 02-13-2014, 10:29 AM   #9
Guest
 
BrettW's Avatar
 
Posts: n/a
SU$: 0
Quote:
Originally Posted by Dan View Post
If they approve it without requiring the new company to divest certain areas, or to actually cover less profitable rural areas, I will wonder who works for who, business or the government. I know of rural areas with need for high speed internet that can't get service as it's 5 miles of cable to run with maybe 20 customers along the way till you get to a town with 20-30 houses that may want to buy cable, internet, etc. Comcast has shown zero interest in serving those customers. They have no real option on internet but dial up, or limited wireless data.

Sent from my HTCONE using Tapatalk
Yup like me, comcast covers up until about 5 miles from my house then nada. Luckily im not stuck with dial up I can at least get DSL but 5mb down / .5mb up is hardly high speed my cell gets 9-10X that speed.
  Reply With Quote
Old 02-13-2014, 10:43 AM   #10
Dan
Forever my Angel
 
Dan's Avatar
 
Mood: Relaxed
Join Date: Feb 6, '05
Location: western NY
Posts: 23,959
Phone: Verizon S7 Edge
Trades: 1
Thanks: 47
Thanked 753 Times in 616 Posts
My Mood: Relaxed
SU$: 129,291
My relatives are too far for DSL, they are lucky that Wal-Mart has a contract with Verizon for truck monitoring, or else cell service would not be available there either.

Sent from my HTCONE
__________________
My angel is now an angel in heaven. 5/25/2000 - 12/5/2010. Rest in peace Alaina.
Dan is offline   Reply With Quote
Old 02-13-2014, 11:40 AM   #11
BZap49
Cellular Phone User
 
BZap49's Avatar
 
Join Date: Aug 24, '11
Posts: 2,251
Thanks: 145
Thanked 273 Times in 200 Posts
SU$: 28,074
Ugh, stuff like this just basically means that we'll never have competition for broadband internet and pay-TV services. Other than regional offerings, we're pretty much down to 3 providers: Comcast/TWC, Verizon, and AT&T. Verizon and AT&T won't even touch each others' territory, so it's really just 2 providers, and none of the companies are willing to take a hit on profits and expand to new areas. And despite how much "cord cutters" like to think they're sticking it to the businesses, they're really only sticking it to themselves. Bringing down profits for cable companies by discontinuing TV service is much more likely to make them raise prices and institute caps on internet service to make up for the lost money. Plus, with less money and less people signing up for services, they have less incentive to expand or compete.
BZap49 is offline   Reply With Quote
Old 02-13-2014, 01:23 PM   #12
trumajor
IPhone User
 
trumajor's Avatar
 
Join Date: Nov 14, '13
Posts: 197
Thanks: 3
Thanked 13 Times in 13 Posts
SU$: 1,802
Quote:
Originally Posted by BZap49
Ugh, stuff like this just basically means that we'll never have competition for broadband internet and pay-TV services. Other than regional offerings, we're pretty much down to 3 providers: Comcast/TWC, Verizon, and AT&T. Verizon and AT&T won't even touch each others' territory, so it's really just 2 providers, and none of the companies are willing to take a hit on profits and expand to new areas. And despite how much "cord cutters" like to think they're sticking it to the businesses, they're really only sticking it to themselves. Bringing down profits for cable companies by discontinuing TV service is much more likely to make them raise prices and institute caps on internet service to make up for the lost money. Plus, with less money and less people signing up for services, they have less incentive to expand or compete.
Expensive, Expensive, Expensive. My Comcast bill goes up like all the time. I'm already at $150.00 a month. The part that annoys me is that many stations including premium channels continue to show repeats. I have been waiting over 5 years for better competition and I feel it's not coming. I'm in Florida and so many people here have turned off cable all together. The prices are ridiculous. Most can't afford it and the ones that keep it do it mostly for boredom and their kids.
trumajor is offline   Reply With Quote
Old 02-13-2014, 03:58 PM   #13
cookie1069
ROLL TIDE
 
cookie1069's Avatar
 
Mood: Devilish
Join Date: Dec 24, '08
Location: Xenia, Ohio
Posts: 928
Phone: Galaxy Note 4
Thanks: 87
Thanked 108 Times in 85 Posts
My Mood: Devilish
SU$: 112
Send a message via AIM to cookie1069 Send a message via Yahoo to cookie1069
Comcast, Time Warner Cable Deal Is A Disaster For Customers

http://www.huffingtonpost.com/2014/0...6pLid%3D442486


They say two wrongs don't make a right, and consumers are about to get proof of that with the merger of Comcast and Time Warner Cable.

The $45 billion merger announced Thursday might be a win for both companies, but it will be no victory for their combined 30 million customers, who are already among the least-happy customers in all of Corporate America.

The two companies last year were the lowest-scoring cable companies in the American Customer Satisfaction Index, mainly because of the weakness of their customer service. That made them the least-loved companies in one of the least-loved industries for customer satisfaction. The only two industries with worse customer-satisfaction ratings, according to Consumerist, are newspapers and internet providers. By the way, Comcast and Time Warner Cable are also internet providers.

Little wonder, then, that the two companies were near the top of Consumerist's Worst Company In America contest last year, based on unscientific online polling. Comcast, which took home the title of Worst Company in 2010, reached the Final Four in 2013, after beating Time Warner Cable in the Elite Eight.

The companies, naturally, are putting the best face on the merger.

“The combination of Time Warner Cable and Comcast creates an exciting opportunity for our company, for our customers, and for our shareholders,” Comcast CEO Brian Roberts said in a press release. The company did not immediately respond to a request for further comment.

"When you consider Comcast’s accomplishments in delivering cutting edge television and broadband services in their markets, bringing their innovations on an accelerated basis to Time Warner Cable markets is a big win for consumers," Time Warner Cable spokesperson Bobby Amirshahi said in an email to the Huffington Post.
__________________
cookie1069 is offline   Reply With Quote
Old 02-13-2014, 11:31 PM   #14
PokerFace23
I haz the EVOO service
 
PokerFace23's Avatar
 
Join Date: Nov 14, '06
Location: West Coast
Posts: 4,771
Phone: Evo
Trades: 1
Thanks: 113
Thanked 89 Times in 75 Posts
SU$: 16,424
I like Comcast service for internet. Tv is ridiculous and expensive. Hell it's both expensive. But it's reliable and great here

Sent from my iPad using SU Forum
__________________
used to work for sprint. now i just torment them. here to help and judge your posts
PokerFace23 is offline   Reply With Quote
Old 02-14-2014, 07:03 AM   #15
trumajor
IPhone User
 
trumajor's Avatar
 
Join Date: Nov 14, '13
Posts: 197
Thanks: 3
Thanked 13 Times in 13 Posts
SU$: 1,802
I also can't stand when they send those contracted repair guys. They always try to Bill you for something you shouldn't be charged for. Always check your bills.
trumajor is offline   Reply With Quote
Go Back SprintUsers.com > The SU Lounge > The Tech News Desk > Comcast Set to Acquire Time Warner Cable for $45 Billion

Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
FCC may ban cable exclusivity deals... SLME The Tech News Desk 6 11-12-2007 02:55 AM
Time Warner has arrived... << 1/28 News of the Day >> DF@Work Sprint Discussion 17 04-01-2005 04:42 PM
Time Warner Confirms Sprint Talks RemusRM Sprint Discussion 7 04-01-2005 09:06 AM
Time Warner in Talks on Sprint Phone Deal 05slai Sprint Discussion 2 12-29-2004 11:19 AM


All times are GMT -6. The time now is 02:28 AM.


- SprintUsers.com is not affiliated with or endorsed by Sprint PCS -