Feeds

Comcast to acquire Warner Cable – reports

Colossal cable consolidation to rock US broadband and media market

Protecting users from Firesheep and other Sidejacking attacks with SSL

The US broadband market looks set for a shake-up, with multiple reports tipping Comcast to acquire rival Warner Cable.

CNBC claims it broke the story and The Wall Street Journal has since published a (paywalled) story reporting the same details: it's a $US45bn all-stock deal.

Comcast and Warner are respectively the USA's number one and two cable companies. Both are also internet service providers of note, with Comcast boasting around 20 million customers and Time Warner around 11 million.

Both share the problem that fewer people these days are interested in cable TV bundles, instead preferring over-the-top services like Netflix and Hulu that deliver video-on-demand. A combined entity with 30 million broadband subscribers might find itself in a stronger position to cope with that shift, or even with enough clout to wring some cash out of over-the-top players. Just holding out on upgrades – industry body Cable Lab's latest standard DOCSIS 3.1 promises ten gigabit connections over cable – could also be a powerful move for the combined entity.

Regulatory hurdles therefore almost certainly stand between the two carriers and a deal, as earlier this week Warner was being courted by another US cable outfit, Charter Communications. If, as they are bound to do, Warner's directors felt greater value could be realised by wedding Comcast instead of Charter, shareholders' attitude to the deal probably won't be a problem.

Whether US regulators are as kind remains to be seen. Legislators may also take an interested look at the transaction, given recent rumblings about net neutrality. ®

Website security in corporate America

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.