Easier Cable System Sales: Boosting Broadband Competition
New rules aim to simplify the sale and transfer of cable systems, potentially leading to increased competition among internet and TV providers. Citizens might benefit from this through potentially lower prices and better service quality, as companies will have easier market access.
Key points
Local authorities cannot block cable system sales or require approval for transfers if the new owner accepts existing terms.
When a cable system is sold or acquired, its value will be based on fair market value, excluding the franchise's own value.
Cable operators will only need to notify local authorities of a franchise transfer within 15 days of the transaction.
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