Broadband Briefs for 11/02/09

Mon, 11/02/2009 - 7:00am

Comcast honing in on NBC Universal
By Brian Santo

Comcast could wrap its deal for controlling interest in NBC Universal as early as next week, according to a report in The New York Times.

Comcast is expected to pay somewhere between $4 billion and $6 billion, plus a program channel or two, for a 51 percent stake in the media company, which is currently owned by GE and Vivendi.

Vivendi would end up selling its entire 20 percent interest. NBC Universal may toss in up to $12 billion in debt, according to the report.

More Broadband Direct 11/02/09:
•  RCN Business Services tunes up D3 for SMB market
•  Sprint offers 4G in Chicago, Dallas, N.C.
•  Cable Center adds Bowser, Carlsen, Lind to board
•  Despite weather, economy, 9K flock to Cable-Tec Expo
•  Ericsson to resell Sigma's fulfillment system
•  Ciena offers Carrier Ethernet certification program
•  Alcatel-Lucent's Q3 loss widens to $269M
•  Japan tech giants slump, S. Korean rivals rebound
•  Broadband Briefs for 11/02/09



Share This Story

You may login with either your assigned username or your e-mail address.
The password field is case sensitive.