Look for Comcast to grow subscriber base through acquisitions
from The Business Insider:
Comcast scores a victory: A court lifted an FCC limit that said one company couldn’t serve more than 30% of all U.S. cable subscribers. As Comcast is getting close, it would not have been able to buy any other medium-to-large cable companies without challenging the limit.
WSJ’s Amy Schatz and Dawn Johnson: The U.S. Court of Appeals for the District of Columbia Circuit said the FCC “failed to demonstrate that allowing a cable operator to serve more than 30% of all cable subscribers would threaten to reduce either competition or diversity in programming.” Its decision effectively kills the cap.
After striking down the 30% lid in 2001, the court sent the matter back to the FCC, which spent six years looking at the issue before adopting it again in 2007, saying consumers would be harmed by allowing large cable operators to expand further.