Watch for some big moves from the cable giants with this...could be some big upswings in the stocks also
WASHINGTON, Aug 28 (Reuters) - A U.S. appeals court threw out on Friday a regulation that has limited cable companies to serving up to 30 percent of the market, a big victory for operators like Comcast Corp (CMCSA.O).
The U.S. Court of Appeals for the D.C. Circuit ruled that the Federal Communications Commission's rule was "arbitrary and capricious" and vacated the rule.
http://www.reuters.com/article/email/idUSWBT01309920090828
US court throws out FCC cable ownership limit
Member #: 1696
Registered: 1996-2001
Posted:
322
Name:
Mike Edwards
Name:
Mike Edwards
Company:
incognito
Occupation:
Communications Const
Location:
AK
Personal:
Experience:
~51 years
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