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Comments sought on Time Warner Cable and Comcast merger proposal

ALBANY - The New York State Public Service Commission is seeking comment on a request by Time Warner Cable Inc. (Time Warner Cable) and Comcast Corporation (Comcast) to transfer certain Time Warner Cable telephone systems, cable systems, franchises and assets to Comcast.  Under the proposal, Comcast will acquire 100 percent of Time Warner Cable’s equity in exchange for Comcast Class A shares.  Comcast plans to retain all of Time Warner Cable’s existing assets in New York State. 

The Commission will use its new regulatory powers to conduct a thorough and detailed investigation into the proposed merger to determine whether the proposed transaction is in the best interest of Time Warner’s New York customers and the State as a whole. Both companies currently provide digital cable television, broadband internet and VoIP telephone services in New York State.  Time Warner serves approximately 2.6 million subscribers statewide while Comcast has 23,000 subscribers in Dutchess, Westchester and Putnam counties. 

The public will have an opportunity to present their comments at three separate hearings in Buffalo, Albany and New York City before an Administrative Law Judge assigned by the Commission to hear this case.  A verbatim transcript of the hearings will be made for inclusion in the record of the proceeding.  Informational forums will be held prior to the public statement hearings, and will consist of presentations by Comcast and other invited parties, regarding the proposed transaction and its likely impact on consumers in New York.  The Administrative Law Judge, attending Commissioner and Department of Public Service Senior Staff may ask questions of the invited speakers.
The informational forums and public statement hearings will be held as follows:

MONDAY, JUNE 16
SUNY Buffalo Student Union Theater
106 Student Union, Buffalo, NY
6:00 pm: Informational Forum
7:30 pm: Public Statement Hearing

WEDNESDAY, JUNE 18
SUNY Albany Performing Arts Center
1400 Washington Avenue Albany, NY
6:00 pm: Informational Forum
7:30 pm: Public Statement Hearing

THURSDAY, JUNE 19
NYS Department of Public Service
90 Church Street New York, NY
6:00 pm: Informational Forum
7:30 pm: Public Statement Hearing

 

Other ways to comment:

  • Internet or Mail:  In addition to the formal hearings, comments may be sent electronically to the Secretary, at secretary@dps.ny.gov, or mailed or delivered to Hon. Kathleen H. Burgess, Secretary, Public Service Commission, Three Empire State Plaza, Albany, New York 12223-1350.  Your comments should refer to “Case 14-M-0183, Petition of Comcast Corporation and Time Warner Cable Inc.”
  • Toll-free Opinion Line:  Comments may also be submitted through the Commission’s Opinion Line at 1-800-335-2120.