U.S. communications regulators on Friday asked Comcast Corp for additional details about its video and broadband operations, including its web traffic management practices, to review the company's proposed merger with Time Warner Cable Inc. The Federal Communications Commission is reviewing whether the proposed $45 billion merger between Comcast and Time Warner Cable, the two largest U.S. cable providers, is in the public interest.As is common with FCC merger reviews, the agency sought more information from the companies about their business and future plans than the companies first submitted in their application earlier this year.Notably, the FCC asked numerous questions focused on Comcast's broadband business, seeking an overview of the company's competitors in each geographic area, use of data caps and tools for traffic management.Though analysts predict that the FCC will ultimately approve the merger, the regulators are expected to impose various conditions. Particular attention is on Internet traffic management issues as the FCC is working on new "net neutrality" rules that guide how Internet providers route web content on their networks and could use merger conditions in lieu of rules that are facing a heated debate.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC fell by 0.12% or $-0.17/share to $147.35. In the past year, the shares have traded as low as $106.01 and as high as $154.12. On average, 1480360 shares of TWC exchange hands on a given day and today's volume is recorded at 434614.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 0.98% or $0.75/share to $77.51. In the past year, the shares have traded as low as $57.78 and as high as $88.13. On average, 8065580 shares of TWX exchange hands on a given day and today's volume is recorded at 1863778.
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