DISH Issues Statement On Comcast Terminating Merger Deal With Time Warner Cable

(RTTNews) - Responding to Comcast's (CMCSA, CMCSK) announcement on termination of its merger agreement with Time Warner Cable (TWC), DISH Senior Vice President and Deputy General Counsel, Jeff Blum, said , "Today's news is the best possible outcome for consumers, who deserve innovative, thriving video and broadband marketplaces. DISH appreciates the months of work by dedicated staff at the FCC and DOJ to conduct thorough, evidence-based reviews to safeguard the public interest and competition."

Earlier today, Cable television operator Comcast Corp. announced that its merger with Time Warner Cable, Inc. (TWC) and its deal with smaller rival Charter Communications, Inc. (CHTR) have been terminated.

Comcast agreed in mid-February 2014 to acquire Time Warner Cable in a $45.2 billion all-stock friendly merger deal. Time Warner Cable was to merge with and into a 100 percent owned subsidiary of Comcast.