Brian Roberts “Cautiously Optimistic” for Comcast-Time Warner Merger
It sometimes seems as though opposition to the Comcast-Time Warner merger is coming from every possible quarter — the public, competitors, the tech press, Sen. Al Franken — but Comcast CEO Brian Roberts still believes the deal will get federal approval.
Comcast CEO Brian Roberts on Tuesday said he was “cautiously optimistic” that his company’s proposed acquisition of Time Warner Cable would get the regulatory approval needed so that the transaction could close next year.
“All of the cable deals have always gone through,” Roberts said. “The process is underway in earnest and we’ve got many states and local communities to already approve of the transfer.”
Roberts, speaking from New York, was addressing the 2014 Media, Communications and Entertainment Conference in Beverly Hills.
The $45 billion deal is before the Federal Communications Commission for approval.