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Here's The One Sentence That Has Every Comcast And Time Warner Cable Employee Terrified
Business Insider ^ | FEbruary 14, 2014 | Staff

Posted on 02/13/2014 2:48:31 PM PST by lbryce

Earlier today, Comcast Cable announced that it agreed to acquire Time Warner Cable in a $45 billion mega-deal.

What's in it for Comcast Cable shareholders?

"This combination creates a company that delivers maximum value for our shareholders," said Comcast CEO Brian Roberts.

How are they going to do that?

The company explains in one sentence that probably has every Comcast and Time Warner Cable employee nervous.

"The transaction will generate approximately $1.5 billion in operating efficiencies and will be accretive to Comcast’s free cash flow per share while preserving balance sheet strength."

"Operating efficiencies" usually means the closing and combining offices, which also often comes with job cuts.

For now, management is doing and saying what they can to keep everyone calm.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: byebyenetneutrality; cable; comcast; comcasttwc; merger; timewarner; twc
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To: Extremely Extreme Extremist

(Note to new Roku users: Buy the Roku 3 and hard-wire it with an Ethernet cable. Much better than Wi-Fi).

Got instructions?


21 posted on 02/13/2014 3:09:58 PM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: lbryce

From What I have always gathered. Comcast is way more expensive than Time Warner. And their service just plain sucks. You can get a fairly local time Warner Service Tech on the phone in a very reasonable amount of time. And time Warner does not cap Bandwidth.


22 posted on 02/13/2014 3:10:28 PM PST by Revel
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To: lbryce

15000 - 20000 layoffs coming up.


23 posted on 02/13/2014 3:11:03 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: lbryce

7,000 jobs.


24 posted on 02/13/2014 3:11:12 PM PST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Vince Ferrer

LOL!!!


25 posted on 02/13/2014 3:11:40 PM PST by Rational Thought
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To: lbryce

emloyees will be politically purged


26 posted on 02/13/2014 3:12:42 PM PST by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: FreedomGuru

C’mon FredomGuru, you sound like a commie. Don’t you worship corporate speak like “synergies” and realize how they make our Country progress forward?


27 posted on 02/13/2014 3:13:59 PM PST by roofgoat
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To: 2ndDivisionVet

This has zero to do with Obama.

All industries have been doing this for about 30 years. Odd how large corporations are the ones killing off capitalism.

Bye bye to consumer choices.


28 posted on 02/13/2014 3:14:09 PM PST by sakic
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To: Vince Ferrer

Oh no, freshly freed from “job lock” these income free citizens will be enjoying fully subsidised healthcare coverage.

Long live Ze Fuhrer!


29 posted on 02/13/2014 3:15:32 PM PST by VRWCarea51
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To: lbryce

I have cable modem and basic cable for 25 years and Time Warner customer service and tech support have been terrific. Never had a problem. Great service.


30 posted on 02/13/2014 3:16:02 PM PST by Chickensoup (leftist totalitarian fascism is on the move.)
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To: suijuris

Unlimited long distance, clear connections and good features for $15 a month. Can’t say enough good things about it. Is NOT VOIP so no Internet connection or computer needed.

Straight Talk Wireless Home Phone
http://www.walmart.com/ip/Straight-Talk-Wireless-Home-Phone/22084643


31 posted on 02/13/2014 3:16:23 PM PST by 2ndDivisionVet (Jealousy is when you count someone else's blessings instead of your own.)
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To: 2ndDivisionVet
The overall economy and all its permutations are his doing, one way or the other.

So if this merger works and leads to thousands of new jobs then that's Obama's credit? I think not.

32 posted on 02/13/2014 3:18:23 PM PST by DoodleDawg
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To: lbryce

Not really. That’s a completely separate issue and the trends are such that I don’t expect it to be an issue. The network to your home will carry voice, video, and data and the same company will provide access to all, so there’s no benefit to giving preference to one type of data packet over another. Comcast just wants to increase its share of the bandwidth-delivery business, and buying all of TWCs customers is a good way of doing that quickly.

This is how all M&A deals are paid for - synergies achieved through combining and consolidating operations and then eliminating duplication. For example, there are two corporate headquarters now - they only need one. Guess which it will be?


33 posted on 02/13/2014 3:18:32 PM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: lbryce

God I hope this isn’t approved. Horrible cable service will become triple horrible.


34 posted on 02/13/2014 3:19:24 PM PST by RIghtwardHo
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To: lbryce

Time Warner Cable has already been cutting payroll to the bone and centralizing management and now we know why - to make it attractive to sell. A lot of the cuts after the sale would be in duplication of duties.


35 posted on 02/13/2014 3:21:12 PM PST by OrangeHoof (2001-2008: "Dissent Is Patriotism!" 2009-2016: "Dissent Is Racism!")
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To: FreedomGuru

Yep! Lots of people will lose jobs in the beginning of merger. Then about a year later the company that becomes the new Managing Bosses will start to cull the employees from the other company, “because they don’t fit the culture of the controlling company”.


36 posted on 02/13/2014 3:22:17 PM PST by Red_Devil 232 ((VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!))
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To: Cicero

Why not DirecTv. I took Comcast out and have been a happy customer ever since.


37 posted on 02/13/2014 3:24:53 PM PST by Pit1 (Obama is the big pile in the road.)
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To: lbryce

How about this sentence: ‘I haven’t had a television for nearly 25 years and I highly recommend doing the same and getting a life for all those with the TV habit.’


38 posted on 02/13/2014 3:28:57 PM PST by WorkingClassFilth
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To: lbryce

I thought TWC could not get worse, but it did with this deal


39 posted on 02/13/2014 3:32:00 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: hal ogen

>>Maybe not allllllllll Clown Prince nobama but you know his degenerate business ideas, nobamacare and taxes figure in there somewhere.

Corporate mergers have cost workers their jobs since Obama was in college (wherever that was). You can blame a lot on Obama, but the loss of jobs has been on Wall St for decades. He’s just giving them the moral authority to claim that it’s now a “good thing” because the gummint will give the unemployed some health care (some day).


40 posted on 02/13/2014 3:34:05 PM PST by Bryanw92 (Sic semper tyrannis)
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