The Real Impact: Comcast And Time Warner Cable - KMSP-TV

The Willis Report

The Real Impact: Comcast And Time Warner Cable

Posted: Updated:

The proposed $45 billion marriage of Com cast and Time Warner Cable has caught the eye of regulators and Congress, but the real impacts will be felt in American living rooms. The two companies rate among the lowest with consumers in term of customer satisfaction. And, despite the fact that executives called the merger "pro-consumer," Americans complain about wait times for cable service providers and rising prices already. Monthly cable bills have nearly tripled in the last decade to $128 a month for triple play – phone, interest and cable TV services.

Although many consumer experts are predicting  the merger will raise cable prices, others say that changes may be slow to come because it will take at least nine months to a year to get the merger approved by federal regulators. Meanwhile, some in Congress say they plan to hold hearings to give the deal a closer look. The House Judiciary Committee and the Senate Commerce Antitrust subcommittee have both announced plans to examine the deal in detail.

But it may not just be prices that are an issue when and if the deal is approved. Service may also be an issue. Consumer Reports has said Com cast  dropped streaming speeds sharply for Antefix, a popular content provider with its "House of Cards" series which scored record downloads this past weekend.

Ultimately, regulators will decide if the deal goes through. The Obama administration recently blocked the merger of AT&T and T-mobile. Com cast and Time Warner appear to already be positioning themselves for scrutiny by the Justice department. They say that the two companies currently don't compete in any single zip code in the country, and that even post-merger, the company will be available to only 30 percent of American households, typically regarded as an acceptable level.

  • Political NewsMore>>

  • Former Virginia Gov. Bob McDonnell's corruption case goes to jury

    Former Virginia Gov. Bob McDonnell's corruption case goes to jury

    Tuesday, September 2 2014 6:02 PM EDT2014-09-02 22:02:25 GMT
    The corruption case that could send former Virginia Gov. Bob McDonnell and his wife to federal prison was in the hands Tuesday of jurors who must decide whether the couple sold the influence of the office to a wealthy vitamin executive seeking legitimacy for his company's signature product.
    The corruption case that could send former Virginia Gov. Bob McDonnell and his wife to federal prison was in the hands Tuesday of jurors who must decide whether the couple sold the influence of the office to a wealthy vitamin executive seeking legitimacy for his company's signature product.
  • Ex-Va. Gov says he knows in heart he's innocent

    Ex-Va. Gov says he knows in heart he's innocent

    Friday, August 22 2014 6:33 PM EDT2014-08-22 22:33:08 GMT
    Former Virginia Gov. Bob McDonnell says he knows in his heart he's innocent of the federal corruption charges he's facing.
    Former Virginia Gov. Bob McDonnell says he knows in his heart he's innocent of the federal corruption charges he's facing.
  • Rolex passed among jurors in ex-Va. gov trial

    Rolex passed among jurors in ex-Va. gov trial

    Thursday, July 31 2014 7:08 PM EDT2014-07-31 23:08:18 GMT
    The requests for lavish gifts were frequent. Jonnie Williams — the star witness in a corruption trial against the former Virginia governor and his wife — was being asked for everything from a joy ride in his Ferrari to stock in the company he led.
    The requests for lavish gifts were frequent. Jonnie Williams — the star witness in a corruption trial against the former Virginia governor and his wife — was being asked for everything from a joy ride in his Ferrari to stock in the company he led.
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices