May 17, 2014
Those who use massive amounts of data will simply have to pay more. That is in essence what Comcast told its customers on Thursday. The nation’s largest Internet service provider (ISP) and cable giant also responded to the Federal Communications Communication’s (FCC) net neutrality proposal – and the two events could be closely tied together.
Comcast is currently seeking the FCC’s approval for its $45-billion buyout of Time Warner Cable, a move that would make the Philadelphia-based company the most dominant provider in the United States with more than 30 million cable TV, and high-speed Internet customers across the country – including top markets such as New York, Los Angeles and Chicago.
“Comcast remains committed to a free and open Internet and [is] working with the FCC on appropriate rules for all players across the industry,” Comcast Executive Vice President David L. Cohen wrote Thursday in a blog post.
The other take away on this is that Comcast’s Cohen, speaking at the Moffett Nathanson Media & Communications Summit on Wednesday in New York, suggested that within five years all Comcast customers could once again have monthly bandwidth caps imposed on home broadband usage.