Comcast's Roberts calls Time Warner deal "pro-consumer"

[jsr]

http://www.philly.com/philly/business/20140213_Comcast_said_ready_to_acquire_Time_Warner_Cable.html

Roberts: Comcast-Time Warner deal is 'pro-consumer'
Bob Fernandez, Inquirer Staff Writer

Comcast Corp. and Time Warner Cable Inc. formally announced Thursday that the two cable giants would merge in an all-stock transaction valued at $45.2 billion.

Comcast will control the combined entity in a deal that values Time Warner shares at $158.82 a share.

Comcast chief executive Brian Roberts said on Thursday morning in a conference call with analysts that a merger with Comcast and Time Warner Cable will create a "near national platform" for its cable-TV and broadband businesses with exposure in 43 of the nations top 50 TV markets.

The deal will eliminate no competitors in the market, Roberts said, adding that it would be "pro-consumer," "pro-competitive," and "in the public's interest."

[madinmaryland]

1. So is he saying that consumers will see much faster service at a much less expensive price??

[LiberalEsto]

4. +100!

etc etc et cetera

[L0oniX]

11. Your LOL emoticans are slowing up my connection to DU!

[madinmaryland]

12. Heh...

[herding cats]

2. Except that it won't.

With the death of Net Neutrality and cable being the main way Americans receive their internet, the potential for disaster here is far greater than what programming will be on television at what price.

[Armstead]

3. Same Double Speak they say everytime these mergers have gone through

Goes back to the 70's, at least.

Yeah all that consolidation of Big Banking has been so competitive.

And media -- yeah that's a real free-for-all competition.

[lpbk2713]

5. But then, he might be biased.

OMFG, would anyone in their right mind buy a used car from this asshole?

[DURHAM D]

6. "No way Comcast will buy Time Warner Cable"

Regulators will look closely at giving one company such dominance in pay TV, but they'll balk at giving Comcast the keys to our Internet.

http://money.msn.com/inside-the-ticker/now.aspx?post=7dc3ba9d-b594-45ac-a602-3808b477cdb6

[Armstead]

7. Your faith is touching

[nadinbrzezinski]

8. I am toying with CUTTING The cable

which pretty much means radio, the reason we got cable to begin with was not selection but reception decades ago. We are in an almost dead zone for TV

[longship]

9. And Nazi Germany's policies were pro Jew.

of course.

But I am disgusted by this claim.

[L0oniX]

10. See ...they really do care about us.

[durablend]

13. This coming from folks who don't think Americans WANT faster internet

http://www.theverge.com/2013/6/6/4400382/comcast-google-fiber-gigabit-broadband-internet

The problem of course is people don't want to PAY their asking price for it.