The cable and satellite TV industries came under heavy fire today during a Senate hearing on customer service and billing in the industry, an event underscored by the release of a pair of lengthy Senate investigations into the issues. Executives from Comcast, Charter Communications and other providers sought to downplay and deflect criticisms of their business practices, while also acknowledging they have work to do to improve their practices and reputations.
Cincinnati Bell has completed a trial that delivered residential broadband speeds of up to 400 Mbps over existing copper as a method to complement its aggressive fiber-to-the-premises Fioptics rollout.
Charter Communications' mandate to overbuild into 2 million rural markets is spurring fears amongst regional cable providers and rural ILECs that are fearful they won't be able to compete with the new company.
Verizon's Fran Shammo said he is not concerned about cable operators like Comcast and Charter Communications launching wireless services through MVNO agreements with Verizon. In fact, Shammo said that Verizon would ink an MVNO agreement with Europe's Altice, which has acquired Suddenlink in the United States and is close to closing its agreement to purchase Cablevision.
While this year's INTX tradeshow may not have met its attendance goals, the cable industry show saw a number of newsworthy moments related to controversial regulatory and technology topics.
As Altice and Charter Communications complete their mega-billion dollar acquisitions of Cablevision and Time Warner Cable, employees of these cable MSOs are bracing for potential layoffs as these companies look to trim off redundant positions.
The FCC approved Charter Communications' blockbuster acquisition of fellow cable operators Time Warner Cable and Bright House Networks this week, and in its lengthy filing approving the deal the agency acknowledged that the companies may well pursue some kind of wireless strategy, including possibly launching an MVNO service. The FCC also offered a glimpse into the plans by Charter, TWC and Bright House to expand their public Wi-Fi networks, and how that effort could create challenges for the nation's wireless network operators.
Charter Communications is poised to gain more market share in the small to medium and larger enterprise business markets-- two segments where it is still a young player.
Charter Communications got the thumbs up from FCC Chairman Tom Wheeler for its pending acquisitions of Time Warner Cable and Bright House, creating a new powerhouse consumer and business service player.
Altice's acquisition of Suddenlink and soon-to-be-completed purchase of Cablevision will enable the service provider to potentially shake up the U.S. cable market as a major competitor to Charter Communications and Comcast. However, the France-based conglomerate faces another uphill battle.