CPUC OKs Comcast, TWC Withdrawal of Transaction Application

The California Public Utilities Commission voted Thursday to accept Comcast, Time Warner Cable and Bright House Networks' motion to withdraw their application to transfer control, closing the proceeding officially in the state. Other potential courses of action that were on the agenda were officially withdrawn. Another option was to approve the transfer of control subject to conditions, which would also close the proceeding but would require Comcast to provide enhanced service and information to VoIP users about safe operation during power outages and 911 calls. The other proposal on the agenda was to deny the application in the state and close the proceeding, which would maintain the current ownership structure of all involved parties.