BUFFALO, N.Y. (WIVB) – The public will have a chance to weigh in on a possible Time Warner Cable and Comcast merger on Monday.
The blockbuster business deal could change the way you watch television. State regulators will be in Buffalo to hold a public hearing on the planned merger at 6 p.m. at the SUNY Buffalo Student Union Theater.
Public Service Commission officials say they will determine whether the union between the companies is in the best interest of New Yorkers. Both companies provide digital cable television, broadband internet and telephone services.
Many people have criticized the merger, saying it would reduce competition in the cable and broadband industry.
Time Warner Cable has more than 2.5 million subscribers in the state. Comcast has just over 20,000. The merger deal was announced back in February and 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 before it can be approved.
If the merger does get the green light, the new company will be the country’s leading television and internet provider.