Friday, July 3, 2015

Comcast to US: Don't subsidize our competitors

Comcast Corp. said some applicants for U.S. stimulus funds to expand high-speed Internet want to build in places already served by the company, which may violate eligibility rules, Bloomberg reports

Comcast to US: Don't subsidize our competitors

0 comments

"Comcast Corp. said some applicants for U.S. stimulus funds to expand high-speed Internet want to build in places already served by the company, which may violate eligibility rules," Bloomberg reported here.

"The largest U.S. cable-television service will file data supporting the assertion on Oct. 28 [today]" with the Commerce Department's National Telecommunications and Infrastructure Administration and the Agriculture Department's Rural Utilities Service, Comcast executive vice president David L. Cohen told reporters Monday, according to the story.

"The money is to be distributed under a $7.2 billion program that aims to accelerate the deployment and use of high-speed Internet service in areas that don’t have it." Yesterday the Senate Commerce Committe held a hearing on the program. Testimony here.

"'Those applications don’t qualify for funding primarily because they are applications to provide service in areas where there is already broadband service,' Cohen said. He didn’t provide an estimate of how many applications would be implicated, and said Comcast would point out only applications that would serve areas where it provides Internet service. 'We would mostly care if it goes to an area where we’re the broadband provider,' Cohen said."

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
Also on Philly.com:
letter icon Newsletter