If its acquisition of Time Warner Cable is approved, Comcast will become much more than a regional cable company, says its chief executive, Brian Roberts.
With the Time Warner Cable deal, Comcast would not only lock up 30 percent of the cable market, but pricing leverage in all directions — with customers, networks and over-the-web providers like Netflix.
Comcast was not intensely engaged with Time Warner Cable until about 10 days or so prior to the announcement of the $45 billion acquisition, according to Comcast’s chief.
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