Today, we move on. Of course, we would have liked to bring our great products to new cities, but we structured this deal so that if the government didn’t agree, we could walk away.The proposed merger was wildly unpopular with the public. New York regulators, who had to approve the deal for Comcast to acquire Time Warner's franchise agreements across the state, received almost 3,000 comments on the proposed merger, most in opposition. Many public interest groups also opposed the deal, and said that the new Comcast would be too big, would control too much of the pay tv and high-speed Internet market, and would have too much negotiating power over content providers.
Comcast NBCUniversal is a unique company with strong momentum. Throughout this entire process, our employees have kept their eye on the ball and we have had fantastic operating results. I want to thank them and the employees of Time Warner Cable for their tireless efforts.
I couldn’t be more proud of this company and I am truly excited for what’s next.