Comcast (CMCSA) and its pending merger partner Time Warner Cable together controlled 39.1% of U.S. broadband subscribers among the leading high-speed Internet providers in 2014. Plus, the duo was responsible for 64.4% of new broadband subscriber additions last year. Together, Comcast and Time Warner Cable (TWC) controlled 34.2 million broadband subscribers last year, Leichtman Research Group reported Thursday. Comcast was No. 1 with nearly 22
Comcast (CMCSA) says Wi-Fi technology still needs to improve before it rolls out a commercial Wi-Fi service, while Citigroup speculates that Ruckus Wireless has the inside track to upgrade the No. 1 cable TV firm’s Wi-Fi network when the time comes. Cablevision Systems (CVC), a New York-based cable TV firm, recently launched its “Freewheel” Wi-Fi service, which offers unlimited calling, texting and data to its pay-TV and broadband subscribers for
If Comcast’s (CMCSA) acquisition of Time Warner Cable fails, Comcast could try to purchase Netflix, Cablevision or a number of other attractive targets, BTIG Research analyst Richard Greenfield said in a report Wednesday. Greenfield says U.S. regulators will block Comcast’s pending acquisition of Time Warner Cable (TWC) or set conditions for approval that are too onerous for Comcast to proceed. If the merger goes through, Comcast would control broadband Internet to over 55% of U.S. homes, he said. If Comcast can’t acquire Time Warner Cable, it will direct its M&A resources elsewhere, Greenfield said in a blog post. “Given the strength of Comcast’s balance sheet and an insatiable appetite for acquisitions, we do not believe Comcast would be content with its existing portfolio (no different than after they failed in their 2004 attempt to buy Disney),” he said. Comcast could go after Netflix (NFLX) to expand its…