NCTA pres/CEO Kyle McSlarrow said the current financial state is a "little bit of an unknown" for the cable industry but added the "fundamentals of the business are pretty good." McSlarrow made the comments during C-SPAN‘s "Communicators," which debuts Sat at 6:30pm, Sat. The NCTA head also said he’s not worried about Sen John McCain (R-AZ) trying to force a la carte on the industry if elected president. "Even though he’d like an a la carte world, he doesn’t want it mandated," McSlarrow said. "I’m not sure I’m against an a la carte world that’s not mandated." While McSlarrow, a former deputy sec for the Dept of Energy, has personally supported McCain, he downplayed the notion of working for McCain if he’s elected. "I have no reason to believe it would be offered, and I’m quite happy representing what I believe is a great industry," he said. McSlarrow predicted telecom issues will be a higher priority for the next Congress.

The Daily


New Cisco-Acacia Deal

Cisco and Acacia’s merger is back on, with Cisco now agreeing to pay $115/share, or $4.5 billion on a fully diluted basis, for the semiconductor maker.

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