Charter, Altice, Nexstar Deals all on Track for FCC Approval, Wells Fargo Says
Charter Communications' buying Bright House Networks and Time Warner Cable seems likely to get FCC approval by early April, Wells Fargo Senior Analyst Marci Ryvicker said in a note to investors Tuesday recapping investor meetings in New York held with…
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"our regulatory contacts." Conditions on Charter/TWC/BHN likely will mirror those required in AT&T/DirecTV, such as expanded broadband deployment, commitment to a stand-alone broadband offering, a low-income Internet offering and adherence to net neutrality guidelines. Altice's buying Cablevision is similarly "on track" for FCC approval, though approval by the New York Public Service Commission could be a separate story, Wells Fargo said. It also said that with Nexstar's buying Media General, "there is nothing that stands out from a regulatory angle that would prevent a post-auction close."