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Tuesday, October 30, 2007

FCC Plans to Axe Exclusive Cable Service Contracts

OtvbelwederfrontFrom yesterday's NY Times:

Federal regulators plan to throw out exclusive cable television service contracts with apartment buildings and open up competition to phone companies, according to a published report.

The new rule, which could significantly lower cable prices for millions of subscribers who live in apartments, is expected to be approved Wednesday by the Federal Communciations Commission, The New York Times reported Monday, citing an interview with the agency's chairman.

Under FCC Chairman Kevin Martin's proposal, cable companies, such as Comcast Corp. and Time Warner Cable Inc., would no longer have exclusive deals with apartment buildings and other multiunit dwellings to provide cable TV to building residents, who usually have no other choice for such services.

Here's a link to the article.

[Meredith R. Miller]

October 30, 2007 in In the News | Permalink | TrackBack (0)