backtop


Print 46 comment(s) - last by ebakke.. on Apr 15 at 12:44 PM

This is its second time with the title

Comcast may be the big dog on the cable block, but bigger doesn't always mean better.

According to Consumerist, Comcast was crowned the worst company in America for 2014. It held the same title only four years ago as well.

Comcast was a finalist alongside Monsanto for the 2014 WCIA, but in the end, Comcast received 51.5 percent of votes while Monsanto fell to a close second with 48.5 percent.

Comcast went up against other contestants like Yahoo, Facebook, Verizon and Sea World before facing off in the final round with Monsanto. 

Comcast confirmed its acquisition of Time Warner Cable for $45.2 billion USD in mid-February. It's set to be an all-stock transaction.   


The deal, which should be completed by the end of 2014 (after approval by stockholders and regulators, of course), will give TWC investors 2.875 Comcast stock for each of their shares. TWC shares are valued at $158.82 a piece. 

It was revealed last month that Comcast used its political action committee to pay millions of dollars in lobbying, which paid many lawmakers responsible for overseeing the acquisition. The company even made donations to charities in an effort to put itself in a favorable light.

Comcast reportedly gave 15 of the 18 members of the Senate Judiciary Committee as well as 32 of the 39 members of the House Judiciary Committee some type of compensation or donation.

The acquisition has been met with strong criticism. Some worry that the merger will result in reduced competition, poor customer service, less innovation and higher prices for customers. These worries stem from analyst predictions that Comcast and TWC's combined company would control about one-third of the U.S. broadband market.   

Source: Consumerist



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

By stm1185 on 4/8/2014 10:29:08 PM , Rating: 2
You are not alone. I have never not gotten above advertised speed on Comcast. They have never enforced their data caps on me. They have doubled my speed for free.

Yeah customer service sucks, but I have never had a service outage, ever. So the only time I have dealt with Comcast is when I moved. And yeah the guy was a bit late and kind of dickish, but its like once every few years at most.

And to top it off, They actually improve their service. 10 to 20 to 50 to 100... Where I used to live is still stuck with 6 mbps DSL, WHICH IS ACTUALLY 4! Comcast went from being 4mbps faster to 94mbps faster! AT&T hasn't made any upgrade in that whole neighborhood this century!

Which makes Comcast a hell of alot better then ATT!


"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton

Related Articles













botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki