Los Angeles Times
Spectrum, like other big companies, seeks to abandon its merger promises
Back in 2016, the giant cable company Charter Communications made several promises required by federal regulators as conditions for the approval of a merger deal that would make Charter even more gargantuan. Are you shocked that, now that the merger has long been completed, Charter is asking the Federal Communications Commission to rescind some of those conditions? Me neither. Especially given that the result of any such FCC action would be to allow Charter, which operates its cable and broadband systems under the Spectrum brand, to raise prices on many of its internet users.
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Submitted by benton on Wed, 07/01/2020 - 06:12With its Sprint merger in the bag, T-Mobile is already backing away from its promises
T-Mobile and Sprint completed their merger on April 1. And now — no surprise to the deal’s opponents — the merged company is already reneging on some of conditions regulators imposed to approve the deal. Most recently T-Mobile has moved to overturn several conditions imposed by the California Public Utilities Commission, including at least one the company specifically promised Atty. Gen.