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Comcast-Time Warner Cable Merger Delayed

Comcast-Time Warner Cable Merger Delayed

The Federal Communications Commission has behind a examination of a Comcast-Time Warner Cable partnership since of a disaster of Time Warner Cable to furnish papers requested by a group in a timely manner, The Wall Street Journal reports. (The announcement is behind a compensate wall and might assign to entrance a story.)

FCC media business arch William Lake pronounced Time Warner Cable improperly funded some-more than 7,000 papers “based on an inapt explain of attorney-client privilege.” The FCC final week schooled that a wire association unsuccessful to send some-more than 31,000 papers since of a “vendor error,” a story adds.

Because of a check in producing documents, a FCC’s examination is now delayed. The group is interlude a 180-day shot time for reviewing a transaction, that means a partnership examination routine will be set behind another 3 weeks, a story notes. The examination had already been behind by dual months due to another issue.

“The bulk of errors, with honour to both a request prolongation and a payoff log, is element and a delays in rectifying them were substantial,” Lake said.

Time Warner Cable told WSJ that it had supposing “more than 5 million pages of documents” to a FCC and that it will continue to yield a group with “everything that they need to examination this transaction.”

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