Comcast Voted Worst Company in America for 2014
April 8, 2014 4:07 PM
comment(s) - last by
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.
, 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.
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RE: I may be completely alone in this...
4/15/2014 12:44:33 PM
Well, to be fair, I'm on a promo. But the short answer to your question is that I threaten to move to CenturyLink and if needed I make good on my threats. I give Comcast every opportunity to find me a lower bill. If they do, I stay. If they don't, I leave. Then coming back, I get new promos again.
But 9 out of 10 times, all it takes is asking and threatening to terminate. But the real key is to specifically ask your rep for a 12 mo promo instead of a 3 or 6 month. I've frequently been offered a 6mo at X, and then I ask "do you have anything with 12 months?" and the come back with 12mo at Y (sometimes still at X).
"I mean, if you wanna break down someone's door, why don't you start with AT&T, for God sakes? They make your amazing phone unusable as a phone!" -- Jon Stewart on Apple and the iPhone
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