MCN Newswire: CableOne Up in Market Debut; U-Verse Inks CBS Carriage Pact; Comcast, Discovery Still Talking
Top Stories - July 2, 2015
Cable One Up in Market Debut Cable One, the newest cable stock on the block, had a strong debut Wednesday, opening on the New York Stock Exchange at $450.48 per share, up about 6% ($24.98 each) from its when-issued price the previous day of $425.50 each. more
AT&T U-Verse, CBS Sign Carriage Pact While it awaits final regulatory approval on its $48.5 billion merger with DirecTV, AT&T has reached a carriage agreement with broadcaster CBS, a deal that some had expected would have waited until after the larger deal was completed. more
Comcast, Discovery Still Talking As Shark Week nears its weekend air date, talks between Comcast and Discovery Communications appear to be navigating steadily through the negotiation waters. more
Wave Broadband Service Hit in 'Coordinated Attack' Wave Broadband customers in Sacramento, Calif., and surrounding areas suffered Internet, TV and phone outages that Wave blamed on fiber cables cut in an apparent "coordinated attack." more
FCC's Sohn: 25 Mbps a Snail's Pace in Fiber World Gigi Sohn, counselor to Federal Communications Commission chairman Tom Wheeler, told a fiber-to-the-home conference in California this week that the FCC was ready to step in to preempt any more state laws that hampered municipal fiber buildouts and would give cities money to build them if the big telecom companies don't step up. more