Quoted: Mergers all around

“Broadband deployment is near-ubiquitous, and though it’s hard for some to admit it, the pricing models have never been fairer. Viewers, employees and shareholders have all benefited.”

Leo Hindery, former president and CEO of TCI, Liberty Media and AT&T Broadband, in an op-ed for the Wall Street Journal in which he argues that the proposed mergers of Comcast and Time Warner Cable, and that of AT&T and DirecTV, should be approved. The consolidation of content and distribution companies has gone on for a long time, he writes, and “no one can prove that any such mergers have harmed American consumers.” Hindery’s op-ed comes after FCC Chairman Tom Wheeler just last week said there isn’t enough competition in the broadband market. As our own Troy Wolverton wrote, Wheeler’s comments suggest “the agency will, at the very least, look skeptically at the proposed Comcast-Time Warner deal.”

 

Photo from Associated Press archives

 

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