Light Reading
The merger of Comcast and Time Warner Cable is still under regulatory review, but that hasn't stopped Comcast from filing for license transfers with the FCC ahead of the deal's approval.

Comcast Filings Show Merger Confidence

Mari Silbey
6/5/2014
50%
50%

Although the merger of Comcast and Time Warner Cable is still under regulatory review, that hasn't stopped Comcast from trying to push critical paperwork through ahead of the deal's approval.

Comcast Corp. (Nasdaq: CMCSA, CMCSK) filed a slew of application requests with the Federal Communications Commission (FCC) Wednesday for the transfer of control or assignment of satellite earth station licenses in numerous markets. Most such requests are typical and routine in merger cases and thus draw little attention.

But the most interesting thing about these filings is that they suggest Comcast is confident enough of its proposed $45 billion acquisition of Time Warner Cable Inc. (NYSE: TWC) to start making operational moves in advance of regulatory approval. The FCC hasn't signed off on these requests, but with the paperwork already filed, it will be easier to do so if and when the merger goes through. A decision from regulators is expected by the end of 2014 or early 2015.

Some of the requests appear to be for transfers from Comcast back to itself. For instance, consider the case of a request for a license transfer from Comcast New Mexico… to Comcast New Mexico.

However, other filings point to Comcast transferring licenses to new entities in markets where the company has agreed to spin off customers if its purchase of Time Warner Cable passes muster. For example, Comcast of Mt. Clemens in Indiana is seeking to transfer its license to Midwest Cable of Muncie. Comcast of Minnesota is looking to do the same with Midwest Cable of Minnesota. Both markets are areas where Comcast plans to divest customers to a new cable entity with Charter Communications Inc. if its deal with Time Warner goes through. (See Charter/Comcast Tap Willner for Spinoff.)

The law firm of Bennet & Bennet noted similar activity from Comcast and Time Warner Cable in April, declaring that "The applicants' filing dismisses various concerns regarding competition." The firm represents cable, telecommunications, and broadcasters, and says its attorneys have experience "working at rural associations such as the Organization for the Promotion and Advancement of Small Telecommunications Companies (Opastco) and the NTCA - The Rural Broadband Association ."

— Mari Silbey, special to Light Reading

(4)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
danielcawrey
50%
50%
danielcawrey,
User Rank: Light Sabre
6/7/2014 | 2:07:23 PM
Re: Homework and IR
Wow, this is a little confusing to the average person what the paper-shuffling really means. But it would seem that Comcast is feeling pretty good about what its lawyers are telling it about the merger. 

I can only imagine that this is going to create a more competitive envronment in the broadband business. This is making me hopeful we'll see the kind of competition that will in turn lower subscription expenses. 
KBode
50%
50%
KBode,
User Rank: Light Sabre
6/6/2014 | 11:32:30 AM
Re: Homework and IR
With forty lobbying firms currently working on this and nearly every politician with the remotest oversight into the approval process receiving oodles of Comcast cash, I'd suggest that Comcast was about as prepared as they could be:

 

http://thehill.com/policy/technology/206891-comcast-goes-for-shock-and-awe#.U34zCphEJd0.twitter

 

I'm guessing it may be the only one of the big three mega mergers to get approval because there's no elimination of a direct competitor.
kq4ym
50%
50%
kq4ym,
User Rank: Light Sabre
6/6/2014 | 10:17:46 AM
Re: Homework and IR
Good points. The public relations angle is certainly important for Comcast to show a "good guy" face to the public as well and the commission. Whether the activity is actually some generous move on Comcast's part of just a giveaway to gain the real big prize is left to one's imagination.
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Light Sabre
6/6/2014 | 3:36:36 AM
Homework and IR
On the one hand, this just goes to show that Comcast has done it's homework.  It's symptomatic of the amount of preparation they have put into the deal to begin with to make sure it gets approved.

And on another hand still, it's all just PR/IR.  They need to make sure that their stock price stays pumped.  Pussyfooting around the merger and taking few to no advance steps would have analysts downgrading them, no doubt.
Flash Poll
From The Founder
It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
LRTV Huawei Video Resource Center
Dr. Dong Sun Talks About Carriers' Digital Transformation & Huawei’s Telco OS

1|29|15   |   6:28   |   (0) comments


Dr. Dong Sun, Chief Architect of Digital Transformation Solutions at Huawei, discusses how telecom operators can become digital ecosystem enablers and deliver optimal user experiences that are in real-time, on-demand, all-online, DIY and social (ROADS).
LRTV Huawei Video Resource Center
Huawei's Chief Network Architect Talks about Network Experience & Operators’ Strategies

1|29|15   |   3:39   |   (0) comments


In the digital age, network experience has become the primary productivity especially for telecom operators. In this video, Wenshuan Dang, Huawei’s Chief Network Architect, discusses how carriers can tackle the challenge of infrastructure complexity in order to enhance business agility and improve user experience.
LRTV Documentaries
The Rise of Virtual CPE

1|27|15   |   01:38   |   (4) comments


As NFV strategies evolve from tests and trials to production telco networks, expect to hear a lot about virtual CPE (customer premises equipment) rollouts during 2015.
LRTV Documentaries
Optical Is Hot in 2015

1|23|15   |   01:56   |   (2) comments


Optical comms technology underpins the whole communications sector and there are some really hot trends set for 2015.
LRTV Custom TV
Policy Control in the Fast Lane

1|22|15   |   2:57   |   (0) comments


What's making policy control strategic in 2015 and beyond? Amdocs talks with Heavy Reading's Graham Finnie about the key factors driving change in the data services landscape. Find out what his policy management research reveals about the road ahead for policy control – and sign up for
LRTV Documentaries
Highlights From the 2020 Vision Executive Summit

1|21|15   |   4:33   |   (2) comments


In December 2014, Light Reading brought together telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Cisco's Doug Webster shared his company's ...
LRTV Huawei Video Resource Center
Huawei Pay-TV Partner Harmonic, Helping Carriers Accelerate 4K Video Deployment with Huawei

1|20|15   |   5:42   |   (1) comment


At IBC, Peter Alexander, Senior Vice President & CMO at Harmonic, speaks about the growing interest in pay-TV service and its branching into multiple devices.
LRTV Huawei Video Resource Center
Sony Marketing Director Olivier Bovis Discusses the Outlook for 4K and Cooperation With Huawei at IBC 2014

1|20|15   |   6:50   |   (0) comments


At IBC, Olivier Bovis, Marketing Director of Sony, speaks about the coming of the 4K era.
LRTV Huawei Video Resource Center
Huawei Pay-TV Partner Envivio, Helping Carriers Accelerate 4K Video Deployment

1|20|15   |   2:57   |   (0) comments


At IBC, Olivier Bovis, Marketing Director of Sony, speaks about the coming of the 4K era.
LRTV Huawei Video Resource Center
Pay-TV's Networked Future

1|20|15   |   6:29   |   (0) comments


At IBC, Jeff Heynen, Principal Analyst at Infonetics, speaks about the future of the pay-TV industry and its transition.
LRTV Huawei Video Resource Center
Jeff Heynen: Distributed Access Will Help MSOs Compete in the Future

1|20|15   |   2:26   |   (0) comments


At IBC, Jeff Heynen, Principal Analyst at Infonetics, speaks about moving to distributed access and the future trend of cable business.
LRTV Interviews
Cisco Talks Transformation

1|20|15   |   13:02   |   (0) comments


In December 2014, Steve Saunders sat down with Cisco VP of Products & Solutions Marketing Doug Webster at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Cisco's approach to network virtualization as well as how service providers can begin to monetize high-capacity networks through the end of the decade.
Upcoming Live Events
February 5, 2015, Washington, DC
February 19, 2015, The Fairmont San Jose, San Jose, CA
March 17, 2015, The Cable Center, Denver, CO
April 14, 2015, The Westin Times Square, New York City, NY
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
September 9-10, 2015, The Westin Galleria Dallas, Dallas, TX
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
November 11-12, 2015, The Westin Peachtree Plaza, Atlanta, GA
December 1, 2015, The Westin Times Square, New York City
December 2-3, 2015, The Westin Times Square, New York City
Infographics
Hot Topics
Google Continues Gigabit Expansion
Jason Meyers, Senior Editor, Gigabit Cities/IoT, 1/27/2015
Cablevision's New WiFi Try – Freewheeling Enough?
Mari Silbey, Independent Technology Editor, 1/26/2015
Overture Builds on NFV Foundation
Mitch Wagner, West Coast Bureau Chief, Light Reading, 1/27/2015
LightSpeed Looks to Plug the Gigabit Gap
Jason Meyers, Senior Editor, Gigabit Cities/IoT, 1/23/2015
Parks Predicts HBO OTT Success
Mari Silbey, Independent Technology Editor, 1/23/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Weekly Executive Interview
Join us live for Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, Universal, Intel and Microsoft, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he has to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.