Why Comcast-TWC Won’t Get Approved

Influential Internet and media analyst Richard Greenfield detailed why he believes the $67 billion Comcast-Time Warner Cable merger won’t receive regulatory approval, noting that the decision will ultimately come down to broadband dominance.

The BTIG Research analyst, who has warned in the past that the deal could be blocked, wrote that with Title II reclassification of broadband looming, it is almost unimaginable that federal regulators would approve the deal. “With the overlay of the populist uprising driving government policy, it is hard to imagine how regulators could approve the Comcast Time Warner Cable transaction at this point,” Greenfield wrote. “Comcast continues to try to get the government to look to the past to get its deal approved. But the framework is about not only what is current, but what the future will look like -- especially in a rapidly changing broadband world."