The US Federal Communications Commission (FCC) has approved the merger of AT&T Broadband and Comcast Cable Communications, a merger which would create the largest cable television company in the United States.
The approval is contingent on the newly-created company disposing of its share in Time Warner Entertainment within five and a half years of the merger. The stake must also immediately be placed in a trust following the deal; this is to dissuade the company from favouring Time Warner-produced programming.
The FCC claims that the merger of the two cable giants will expedite the roll-out of broadband services across the US.
