The Federal Communications Commission has approved Altice NV’s proposed $17.7 billion acquisition of Cablevision Systems Corp. As part of the deal, the European telecom group would assume Cablevision debt and invest to upgrade the company’s broadband. According to the FCC, Altice has a record of improving services after investing in broadband companies in Belgium, France, Israel, Luxembourg and Portugal. In December, the FCC approved Altice’s $9.1 billion purchase of Missouri-based cable company Suddenlink Communications. Continue reading FCC Signs Off on Altice Acquisition of Cablevision Systems

In the wake of customer backlash over limits and surcharges, by June 1, Comcast will unveil a 1,000-gigabyte cap for broadband customers in markets previously limited to 300-gigabytes monthly. In 2012, the company stopped enforcing a universal 250-gigabyte limit, and since then has been testing different Internet plans in mainly Southern states, reaching 14 percent of its homes or 2.8 million customers. Comcast has stated that 10 percent, or more than 2 million people, use 300 gigabytes or more a month. Continue reading Comcast to Introduce 1,000-GB Data Limits in Select Markets