Comcast Corp., the nation’s largest U.S. cable company, told regulators it can offer advanced video services and spread high-speed Internet service without harming competition if it’s allowed to buy No. 2 Time Warner Cable Inc.
Comcast Corp.’s purchase of Time Warner Cable Inc. should be blocked by U.S. regulators because the combined entity will be too big and may abuse its market power, said the leader of a company that carries one-fifth of the world’s Web traffic.
AT&T Inc.’s $1.2 billion deal to buy Leap Wireless International Inc. would probably win approval from U.S. regulators, who may demand the company give up airwaves where its holdings surpass federal benchmarks.
T-Mobile US Inc. and Sprint Corp. are pressing U.S. officials to lock in rules that would save them $2 billion or more by blocking bigger rivals from gobbling up smartphone airwaves at an auction next year.
U.S. regulators next month may write rules governing how companies led by AT&T Inc. and Comcast Corp. provide Internet service, deciding on an issue that has divided the technology and telecommunications industries and provoked political debate.