Author Topic: Today is the Day....Of the Comcast Vote on The AT&T Merger  (Read 2026 times)

Offline Buggyman

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Today is the Day....Of the Comcast Vote on The AT&T Merger
« on: July 10, 2002, 10:08:51 am »
That AT&T and Comcast Merger is voted on. It is largely expected to be approved but... What impact it will have on Jacksonville's 250,000 users remains unknown.
This Story out of Today's Florida Times Union tells this Story.
http://www.jacksonville.com/tu-online/stories/071002/bus_9876624.html
Here's the Artical,
Quote
AT&T-Comcast merger's effect on Jacksonville still uncertain
Shareholders to vote today on consolidation

From staff and wire

Jacksonville's beleaguered cable television provider, AT&T Broadband, could be folded into a much larger cable television company if AT&T shareholders meeting in Charleston, S.C., and Comcast shareholders meeting in Philadelphia approve their merger today.

Approval of the $45 billion deal will form the country's biggest cable TV company but have an undetermined effect on Jacksonville residents' concerns about cable service.

Since the planned merger was announced in December, neither AT&T nor Comcast officials have shed much light onto how the transaction would affect the approximately 250,000 AT&T Broadband customers in Northeast Florida.

AT&T has struggled with customer service across the state, and Jacksonville has battled with the cable giant for more than a year. The city and AT&T have said for three weeks now that they're close to reaching a settlement to reimburse customers for the poor service.

A settlement package, valued near $2 million to $3 million, could include rebates for customers, and the city is also trying to tighten up service standards to include specific fines for violations. If the merger eventually receives federal approval, AT&T Comcast would be subject to the city's new regulations.

Florida's The state attorney general is investigating AT&T Broadband's billing practices statewide, stemming from complaints in Jacksonville and a potential class-action suit against the company that was filed here in May.
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Offline Bret

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Re:Today is the Day....Of the Comcast Vote on The AT&T Merger
« Reply #1 on: July 10, 2002, 06:30:36 pm »
Both AT&T and Comcast have approved the merger.


Offline Buggyman

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Re:Today is the Day....Of the Comcast Vote on The AT&T Merger
« Reply #2 on: July 10, 2002, 10:15:28 pm »
Suprise... suprise heh?
Now lets see if Jacksonville excercises their right to revoke the Contract! ;D



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Offline Buggyman

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Re:Today is the Day....Of the Comcast Vote on The AT&T Merger
« Reply #3 on: July 11, 2002, 09:26:21 pm »
Well it's no suprise... The City and AT&T have reeached a deadlock. AT&T/Comcast wants a firm deal and the City said.. NO WAY! With Your Record we want the Option to deal with any problem that may come up.
SO.... The Tug a War Continues...  8)


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Offline dannjr

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Re:Today is the Day....Of the Comcast Vote on The AT&T Merger
« Reply #4 on: July 16, 2002, 10:52:43 am »
ANd the Saga continues ;D

It took 3 years extra Just to get Cable in Chicago Due to the control the city has here. Maybe your town can get moe TV and school services out of this ;D
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Offline Buggyman

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Re:Today is the Day....Of the Comcast Vote on The AT&T Merger
« Reply #5 on: July 21, 2002, 11:02:10 pm »
well .. now thing have taken a turn for the better... AT&T (now Comcast) have decided to settle out of court.. Wonder if this is a new stragagy for Comcast to gain Customer Support? ;D