Following the Mon dissolution of Comcast and Insight‘s Midwest partnership, Fitch Ratings placed several ratings assigned to Insight and certain subsidiaries on ‘Rating Watch Negative.’ Insight "will emerge as a much smaller cable MSO lacking the size and scale that Fitch believes is necessary to sustain longer term revenue, margin and free cash flow growth," said Fitch, adding that the MSO’s "operating margins will be pressured somewhat as the company will no longer benefit from the access to Comcast’s programming rates, equipment pricing and other cost synergies." — More than 99% of News Corp shareholders approved Tues to swap the conglomerate’s 38% DirecTV stake with Liberty Media for $550mln in cash and Liberty’s approx $11bln stake in News Corp. The transaction still must gain FCC approval. — Level 3‘s operating subsidiary bought from AT&T several assets ordered divested when the telco merged with SBC. They include indefeasible rights of use for dark fiber connections to over 200 buildings and more than 1600 metro fiber route miles in 6 of the 11 markets where AT&T was required to divest certain assets, including Detroit, Hartford, Kansas City, Milwaukee, San Francisco and St. Louis.

The Daily

Subscribe

DISH Tags Oracle for 5G Architecture Help

DISH Wireless has tapped Oracle to enable a service-based architecture for the 5G core of its OpenRAN-based network. The architecture will allow network services to be rapidly incorporated into new

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jun 10
The FAXIES Awards – Virtual CelebrationSave the Date! - June 10, 2021
Jul 16
Diversity List – 2021 Nominations Due: July 16, 2021
Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.