Deals
FCC’s Faster Broadband Benchmark May Be Hurdle for Comcast
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U.S. regulators raised the speed needed for Internet service to be deemed broadband, a change that may fuel opposition to Comcast Corp.’s bid for Time Warner Cable Inc. by making the new company’s market share appear larger.
The Federal Communications Commission on a 3-to-2 vote raised the threshold to 25 megabits per second, up from its standard of 4 Mbps.