Comcast is hoping to bring a new challenge to the California broadband market dominated mainly by AT&T, announcing that it plans to deliver its 2 Gbps Internet service in 12 of the state's metro markets.
Previously the source of idle speculation among media analysts, the fallout from a rejected merger of Comcast and Time Warner Cable is starting to gain serious, credible examination.
Top executives from Comcast and Time Warner Cable are scheduled to meet with officials for the United States Justice Department Wednesday, with the two sides having their first one-on-one discussions since the $45.2 billion merger of the two cable companies was originally proposed in February 2014.
AT&T is taking a proactive step to get ahead of Comcast's 2 Gbps broadband plans by launching its 1 Gbps GigaPower fiber-to-the-premises (FTTP) service in the Chicago suburbs.
Antitrust attorneys for the U.S. Justice Department are nearing a recommendation to block the proposed $45.2 billion merger of Comcast and Time Warner Cable, according to a Bloomberg report that cited anonymous sources.
Announcing its second Atlanta-area stadium deal in the past month, Comcast Business Services says it's been contracted to integrate video, voice and data services into Philips Arena, home of the NBA's Atlanta Hawks.
AT&T is taking on Google Fiber and Comcast's new 2-Gig offering with the launch of its fiber-based 1-Gig GigaPower service in parts of Atlanta. AT&T said it will offer GigaPower and a new Wi-Fi residential gateway to areas of Atlanta, Decatur, Sandy Springs and Newnan starting at $120 per month.
Comcast CEO Brian Roberts received a 5.1 percent raise in 2014, to $32.96 million in total compensation, while his counterpart at Cablevision, James Dolan, saw his total pay spike 40 percent, to $23.7 million.
Like many smaller towns, Wareham, Mass., has come to the realization that fiber connectivity should be part of its infrastructure, so it has told Comcast to make it a requirement in its franchise renewal agreement.
In Wareham, Mass., the future is fiber, not coax. City fathers want Comcast to install fiber between its hub site and town hall as well as the Wareham Community Television studios.