A year later, is the huge Comcast-Time Warner Cable deal doomed?
[Commentary] As television follows voice over to broadband, more of the industry recognizes that pay TV -- where the combined Comcast and Time Warner cable would hold less than 30 percent of the market share after their proposed merger closes -- means little. They are taking a closer look at the broadband market where the combined entity would hold about 35 percent of the market. That number is even higher -- as high as 55 percent under a new definition of broadband that the Federal Communications Commission approved in January that defines the service as at least 25 Mbps downstream and 3 Mbps upstream.
BTIG Tech and Media Analyst Rich Greenfield has pointed out that because the FCC has shifted its perspective on broadband being of greater importance than television (because TV is increasingly reliant on broadband) and because the post-merger Comcast would have such a dominant position providing the faster speeds necessary to deliver high quality television services over broadband, the deal is unlikely to pass.
A year later, is the huge Comcast-Time Warner Cable deal doomed?