FCC gets to work on Comcast-TWC: Denies L.A. extension request, orders info

Signaling the long-awaited ramp-up of its merger review process, the Federal Communications Commission has asked Comcast (NASDAQ: CMCSA) to provide detailed information on its cable and ISP systems, as well as its interconnection arrangements with various online providers.

Separately, the FCC has denied a request made by Los Angeles Mayor Eric Garcetti to extend the Monday deadline for public comments about Comcast's proposed $45 billion purchase of Time Warner Cable (NYSE: TWC) until Sept. 8.

Time Warner Cable is the dominant pay TV provider in Los Angeles, with 1.8 million subscribers in that region.

As part of its 50-page request for information from Comcast, the FCC asked the Philadelphia-based company to explain its claim that acquiring TWC will generate "cost saving and other synergies worth approximately $1.5 billion."

The FCC also has inquiries into Comcast's separate but related spin-off venture with Charter Communications (NASDAQ: CHTR).

The FCC has set a Sept. 11 deadline for Comcast to provide the requested data.

For more:
- read this Bloomberg story
- read this FCC docket
- read this Los Angeles Times story

Related links:
Comcast-TWC deal draws 43K public comments as L.A. mayor asks FCC to extend deadline
Comcast's Cohen to regulators: 'Don't make us the next Blockbuster'
AT&T, DirecTV demand that FCC not extend comment period on merger review

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