AT&T Broadband, which is trying to be taken over by Comcast, has ...
AT&T Broadband, which is trying to be taken over by Comcast, has shed some subscribers, it told FCC in ex parte filing. Notice was filed Dec. 18, day before AT&T’s board picked Comcast for deal. AT&T Broadband said in…
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filing that it had sold cable systems in Ohio and Pa. with 120,000 subscribers to Adelphia. AT&T also said it expected soon to pick up cable systems in Washington state with 6,500 subscribers from Northland Cable TV. AT&T said that would lower number of subscribers attributed to it from 21.68 million to 21.6 million. However, it said those figures didn’t include 9.56 million belonging to Time Warner Entertainment and 1.8 million to Time Warner Inc. AT&T has stakes in both holdings, but said it believed those subscribers couldn’t be properly attributed to it in light of decision by U.S. Appeals Court, D.C., in Time Warner v. FCC (CD March 5 p1). If those subscribers were counted, 32.9 million subscribers would be attributed to AT&T. Issue is important because merged entity of AT&T Comcast might have to sell off cable systems to get under ownership limit, which is subject of pending FCC proceeding.