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Re: Subchat is back

Posted by Dupont Circle Station on Sat Jun 30 11:03:44 2012, in response to Re: Subchat is back, posted by Spider-Pig on Fri Jun 29 19:38:02 2012.

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Absolutely incorrect.

As expected, the FCC's approval comes with significant requirements that will force AT&T to comply with federal cable ownership limits, which the company would have exceeded. Cable operators are forbidden from controlling, either directly or via joint ventures, more than 30 percent of the market, and although the FCC tweaked those regulations last year, AT&T would have controlled nearly 42 percent of the market.


The FCC gave AT&T three options for attaining compliance including selling its stake in Liberty Media, the company's cable TV programming unit, or selling MediaOne's 25 percent stake in Time Warner Entertainment.


The conditional approval also suggests a third option, which would require AT&T to sell enough cable systems--reaching about 9.7 million customers--to bring it in line with the ownership rules. However, the last option represents more than half of AT&T's current cable subscribers, making it appear to be the least likely given the lengths Ma Bell has gone to acquire the subscribers in the first place.

CNET, June 5, 2000



Where I am, District Cablevision was acquired by TCI in 1996, which was then acquired by AT&T in 1999, and finally sold-off to Comcast in 2000. Divesting excess cable assets continued into 2002 to allow for transition-related activities.

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