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What you need to know for 01/17/2017

NY hearings set in Comcast, Time Warner merger

NY hearings set in Comcast, Time Warner merger

New York regulators plan to take public comments at upcoming hearings on the planned merger between

New York regulators plan to take public comments at upcoming hearings on the planned merger between Time Warner Cable and Comcast.

The Public Service Commission says it will determine whether the union is in the best interest of New York customers and the state.

Hearings are planned June 16 in Buffalo, June 18 in Albany and June 19 in New York City.

Both companies provide digital cable television, broadband internet and VoIP telephone services.

Time Warner Cable has roughly 2.6 million subscribers in New York, and Comcast 23,000.

The merger deal, announced in February, is currently undergoing a federal review.

The companies must receive the state's approval, federal approval and approval in the other states where they operate.

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