Comcast faces Minneapolis competition as CenturyLink zeroes in on franchise agreement

As it fights for a new franchise agreement in its home city, Philadelphia, Comcast (NASDAQ: CMCSA) is also watching Minneapolis city officials consider a bid to let CenturyLink (NYSE: CTL) compete with Comcast in their market. In fact, should Minneapolis officials grant CenturyLink a franchise agreement, the cable company says it will have passings for its Prism IPTV service covering about 15 percent of the city in two years. FierceTelecom has a full look at these developments in the key Minneapolis market here.