WHY THIS MATTERS:Just as AT&T prepares to try to get its Time Warner merger through the Justice Department, DOJ said Wednesday the satellite-TV service had "exchanged competitively-sensitive information with Cox, Charter and AT&T" during those companies' Dodgers channel carriage negotiations that became a material factor in the companies' decisions not to carry the channel.
WHY THIS MATTERS:With politicians and regulators expressing concerns about the combined company's size, Time Warner's stock has traded as much as 20% under the AT&T offering price of $107.50 per share since the announcement, signaling investors also believe approval could be difficult.
WHY THIS MATTERS:The X1 rollout is one of three initiatives -- along with a DOCSIS 3.1 deployment to enable gigabit Internet service and an LTE buildout in its large and midsized markets -- that are tied to $1.3 billion in capital spending Shaw is releasing for its 2017 fiscal year.