Comcast [CMCSA] notified the FCC that it expects to acquire about 30K subs in GA and SC from US Cable on Fri, or thereabout. But don’t look for the acquisition to change the MSO’s share of multichannel HHs. Comcast’s market share will remain at 28.9% because it’s already credited with all the subs in the systems being acquired from US Cable of Coastal, TX, it said in a filing last week. The reason the numbers don’t change is because Comcast is in a partnership with US Cable in which it owns 5% or more of US Cable subs (therefore, under FCC rules, Comcast is credited with all of US Cable’s customers, not just the ones it actually owns).

The Daily

Subscribe

Altice Says No Suddenlink Sale, Industry Faces M&A Headwinds

With the Federal Reserve expected to continue to raise interest rates to get a handle on inflation, there’s concern that the increasing rates will threaten access to capital and discourage M&A in the broadband and telecom sector.

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

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.