4 ms·
It's a shame TWC didn't ask for $4 billion merger rejection fee, like T-mobile did with AT&T. Maybe it could've used that money to compete in Comcast's markets
by higherpurpose 11y ago
It's a shame TWC didn't ask for $4 billion merger rejection fee, like T-mobile did with AT&T. Maybe it could've used that money to compete in Comcast's markets now.
If Comcast's plan was to "expand", then it might be forced to get into TWC's markets soon anyway, which means TWC will also respond by going into Comcast's markets. At least that's how I'm hoping it will play out.
- blinkingled 11y agoI highly doubt TWC would've invested the $4B to do something good for the consumers! Comcast and TWC had plenty of opportunity to attack each other's territories but for whatever reason they chose to have mutually beneficial agreements on territory control. I don't see that changing. The only thing that's good is the hope that with the deal called off, it won't get any worse than it already is.
- beambot 11y agoTWC may not have much recourse. With new entrants (eg. Google Fiber) entering the fray, the existing oligopoly must respond.
- Phlarp 11y agoMaybe new entrants will pressure the entrenched players in markets where new entrants exist. Everywhere else will stay the same, it's not like we hear many people complaining about internet service in places where Google Fiber is deployed.
- blinkingled 11y agoYep, Fiber is slated to come in my area and confirmed rumor is that TWC is already increasing my speed 6x for the same price. Sad part is Google Fiber or new entrants aren't getting everywhere fast enough.
- mathattack 11y agoThere's a lot of backroom dealing on things like this. Some depends on how many suitors, and who wants the deal more. Other times it's more nefarious, and involves things like golden parachutes or planned roles in the new company.
- rhino369 11y agoBeing the second cable company in any given location is a terrible investment. Being the third is even worse. The only company I know who does it is RCN, and they only do it in big cities.
- xcrunner529 11y agoWe have W.O.W. here in some parts.
- shmerl 11y agoIn order for it not to be terrible, it should offer something better than competition (i.e. more bandwidth for lower prices, better customer service and so on).
- dceddia 11y agoThrough some miracle, I am able to get Comcast, Verizon FIOS, AND RCN. I chose RCN. For $40/month, I get 50/10 internet. JUST internet. I didn't want a TV bundle, and with RCN, I didn't have to buy it. Amazing how that works!
- yellowapple 11y agoThis isn't universally true. In my town, for example, the second was (if I understand correctly) Suddenlink (the first was AT&T), and Suddenlink is easily the dominant cable company in the area; AT&T's best offering is 3Mbps DSL, while I just got bumped up to 100Mbps with Suddenlink (and that's apparently not even the fastest residential anymore; I wonder if they'll eventually offer a gigabit plan here?). Meanwhile, the town's also considering municipal fiber now that the whole net neutrality stuff happened (and having watched another nearby town implement its own locally-grown fiber).
- rhino369 11y agoAT&T was a phone company and Suddenlink was a cable company. They both had separate networks used for non-ISP service (telephone and video TV). They both moved into ISP service when it got popular, but they didn't have to build a new network to do it.