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still_one

(92,329 posts)
Mon Nov 28, 2016, 10:34 PM Nov 2016

Comcast Stock Soars on Belief Trump Will be Industry Ally

"Comcast's stock has been jumping over the last few weeks on the belief that the incoming Trump FCC will be going significantly easier on incumbent broadband ISPs and cable providers. As we've been noting, both of Trump's telecom transition team members have deep ties to the telecom sector and a are eager to see the existing FCC defanged. As a result companies like Comcast can expect significantly less regulatory punishment for bad behavior, as well as a regulator that's more likely to approve major deals (like the acquisition of T-Mobile)."

http://www.dslreports.com/shownews/Comcast-Stock-Soars-on-Belief-Trump-Will-be-Industry-Ally-138397

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