WHY THIS MATTERS:Telcos, which many feared would dominate cable with their state-of-the-art fiber optic networks and ability to withstand heavy startup losses, are seemingly being undone by the very business they thought would drive the final nail in their competition's coffin.
WHY THIS MATTERS:The Dow Jones Industrial Average fell as much as 200 points Monday before closing down 123 points to 19,971, as the market feared increasing instability in the U.S. political system following President Trump's ban on immigrants from seven countries.
WHY THIS MATTERS:Looking to shore up their pay TV base, Cox Communications and Shaw Communications have already begun to deploy next-generation video services that lean on Comcast's X1 platform, while Rogers Communications, which will follow suit next year, is aligning with Comcast for other technology and services.