Comcast to drop Detroit if FCC approves Time Warner merger

Tuesday 7 October 2014 | 08:33 CET | News
Comcast has revealed it will pull out of Detroit and other midwestern and southern US communities if the Federal Communications Commission (FCC) green lights its USD 45.2 billion acquisition of number two cable operator Time Warner Cable. In a reply to groups objecting to the proposed merger, Comcast said it would withdraw from some markets, to become what it described as "an urban clustered cable company", above all gaining New York and Los Angeles. In total, the transaction would expand Comcast's video customer base by 7 million. By giving up markets such as Detroit, Minneapolis-St. Paul or

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Categories: Broadcast & Satellite
Companies: Comcast / FCC / Time Warner Cable
Countries: United States
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