Tag Archives: cmcsa

Video: Comcast Shareholders Approve TWC Deal As FCC Reviews

Comcast shareholders on Wednesday approved the cable leader’s proposed acquisition of Time Warner Cable at a special meeting. Time Warner Cable (TWC) shareholders are slated to vote on the deal on Thursday. Philadelphia-based Comcast (CMCSA) says that it expects the merger to close in early 2015. The Federal Communications Commission, however, last week extended the deadline for opponents of the deal to submit filings. The new deadline is Oct. 29,

Comcast Eyes Money-Making Wi-Fi Amid Big Expansion

Will Comcast turn its expanding Wi-Fi network — in homes, small businesses, malls and public parks — into a moneymaker? Comcast (CMCSA), like other cable TV firms, now provides free Wi-Fi access to most fixed-line broadband customers. Comcast aims to have 8 million Wi-Fi hot spots by year-end, up from 3.6 million as of June 30, owing to new in-home wireless gateways. Comcast provides residential customers with Wi-Fi routers that broadcast two

AT&T Verizon called ‘U.S. investment heroes’

With all the talk recently about companies sheltering profits overseas, it’s nice to see U.S. companies investing at home. Telecom giant AT&T (T) leads a list of U.S. companies based on domestic capital spending. The list, released Wednesday by the Progressive Policy Institute, refers to AT&T and others as “U.S. investment heroes” for their capital expenditures. AT&T is the top company for the third year in a row, the Washington, D.C.-based think tank reported. It invested $20.9 billion in U.S. facilities and equipment in 2013, PPI said. AT&T archrival Verizon Communications (VZ) came in second, with $15.4 million in capex spending…. Excluding energy and financial companies, the next companies on the list are Wal-Mart (WMT) ($8.65 billion), Intel (INTC) ($8.44 billion), Comcast (CMCSA) ($6.6 billion), Google (GOOGL) ($4.7 billion), General Motors (GM) ($4.59 billion) and Apple (AAPL) ($3.81 billion), PPI said. AT&T spent heavily last year