Scalper1 News
Comcast (CMCSA) pulled the plug on its proposed acquisition of Time Warner Cable as analysts said the Obama administration’s opposition to the deal is a harbinger of tougher regulation for cable TV and broadband service companies. Both the Justice Justice and the Federal Communications Commission had signaled that the Comcast-TWC deal would be opposed. Many analysts expect major telecom M&A to be put on hold until after the 2016 presidential Scalper1 News
Scalper1 News