FCC Engineers Some Cable Consolidation

It would be a stretch to suggest that Tom Wheeler was literally orchestrating such a complex and expensive set of deals from the eighth floor of the FCC’s headquarter. But the combination of mergers and non-mergers — in which the FCC’s actions played a material role — will nonetheless leave behind a rough parity at the top of the pay-TV/broadband weight scale, among Comcast, AT&T and Charter. Read More …

Altice to Buy in Suddenlink in Deal Valued at $9.1 Billion 

The billionaire’s telecom group, Altice SA, said it is buying a controlling stake in U.S. cable company Suddenlink Communications, a first purchase for the group in the U.S., one of the world’s largest cable and telecom markets.Altice said it would acquire 70% of Suddenlink from the company’s owners, private-equity firm BC Partners and CPP Investment Read More …

Broadband industry fears come true: FCC rules are costing them money 

Within the petition the groups filed today is an admission that the FCC decision is already making it difficult for Internet providers to demand fees for network interconnection. Even though the rules don’t take effect until June 12, the threat of complaints seemingly spurred AT&T and Verizon to settle longstanding disputes with companies that objected to paying for network Read More …