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.
The owners of local TV stations such as CBS Corp. and Sinclair Broadcast Group Inc. may see more advertising money flowing in during this year’s election season, thanks to a ruling from the nation’s highest court yesterday.
Comcast Corp.’s proposed purchase of Time Warner Cable Inc. goes before U.S. regulators who may be more interested in ensuring Internet users can see Netflix Inc.’s videos than parsing the combined company’s market share.
Dish Network Corp. Chairman Charlie Ergen said he doesn’t plan to get into a bidding war over T- Mobile US Inc., a concession that may reduce regulatory hurdles for SoftBank Corp. if it goes ahead with an offer.
The U.S. Federal Communications Commission will let telephone companies led by AT&T Inc. conduct trials of digital services, in a step toward loosening rules written for copper-wire networks in the fast-fiber age.