Europe’s Internet service providers may be better off than their U.S. counterparts Comcast (CMCSA), AT&T and Verizon Communications if the European Parliament on Tuesday approves net neutrality rules that critics say are softer than in the U.S. The Federal Communications Commission put new Title II-based net neutrality rules into effect this summer. AT&T (T), Comcast and industry trade groups are challenging the net neutrality rules in federal
Comcast (CMCSA), which reports Q3 earnings before the open Tuesday, said its board has approved a proposal to reclassify its shares so that only its Class A common shares remain. The proposal requires shareholder approval. Comcast’s stock, as well as the stocks of News Corp. (NWS) and 21st Century Fox (FOXA), began trading in September with multiple listings in the S&P 500. The S&P Dow Jones Indices in January had announced plans to change its
Lackluster Q3 video and broadband results posted by AT&T (T) and Verizon Communications bode well for Comcast, Charter Communications and other cable TV firms, which report third-quarter earnings next week. “With Q3 results in from AT&T and Verizon (VZ), the read-thru for cable is particularly good,” said UBS analyst John Hodulik in a research report. Comcast (CMCSA) reports on Oct. 27, while Charter Communications (CHTR) reports on Oct. 29. AT&T