FCC Delays Comcast and AT&T Review Again

Once again, the FCC has decided to pause the 180-day "shot clock" on its regulatory reviews for the prospective mergers of Comcast and Time Warner Cable, and AT&T and DirecTV.

The agency has again mentioned the pending court decisions on how to handle the disclosures of information related to deals made by the MVPDs with programming companies as the main reason behind the move.

In the announcement, the FCC said, "At this time, we believe it is prudent to pause the informal 180-day transaction clocks because the commission would be advantaged by knowing the resolution of the pending Petition for Review before the transaction clocks reach the 180-day mark, which both are slated to do by the end of March".

As a response to it, Comcast has responded that they understand the FCC's decision to pause the informal review clock as the court is still reviewing a procedural matter related to the transaction. Comcast mentioned that the case is under expedited review.

They also wrote that oral arguments have occurred in the end of February, and a decision is expected soon.

The company added that meanwhile it seems like FCC is making important progress in the review of the company's transaction to come to a final conclusion.

In addition to it, the company has stated that the comment cycle is over now, the economists have all weighed in, and the parties have given their response to all of the FCC's Requests for Information. The company is looking forward to work with the government for the completion of the regulatory review process.