Internet Providers Should Guarantee Equal Access to All Users, Obama Says
The Federal Communications Commission headquarters. Photograph by Andrew Harrer —Bloomberg via Getty Images

U.S. FCC pauses clock on Comcast-TWC, AT&T-DirecTV merger reviews

Mar 13, 2015

The U.S. Federal Communications Commission on Friday paused its informal 180-day countdown to deciding the fate of two mergers - Comcast's with Time Warner Cable (twc) and AT&T's with DirecTV (dtv).

The agency cited the pending court decision related to how it should handle disclosures of the companies' various contract agreements with media firms. The countdown, known as a "shot clock," is non-binding.

"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," the FCC said in the announcement.


All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions