Altice Cablevision Merger-Acquisition, BPU Docket Nos. CM15111255 and TM15111256: Rate Counsel Comments (3/16/16) and Stipulation of Settlement (5/19/16)
Verified Joint Petition of Altice N.V. and Cablevision Systems Corporation and Cablevision Cable Entities for the Approval to Transfer Control of Cablevision Cable Entities, BPU Dkt. CM15111255 and Verified Joint Petition of Altice N.V. and Cablevision Systems Corporation, Cablevision Lightpath-NJ, LLC and 4Connections, LLC for Approval to Transfer Control of Cablevision Lightpath-NJ, LLC and 4Connections, LLC and for Certain Financing Arrangements BPU Docket No. TM15111256
I/M/O Cablevision of New Jersey Petition for Determination of Effective Competition in New Jersey municipalities: Bergenfield, Demarest, Dumont, Emerson, Fair Lawn, Harrington Park, Haworth, Hillsdale, New Milford, Northvale Norwood, Oradell and Paramus. FCC Media Bureau 606-E. The New Jersey Division of the Rate Counsel on November 28, 2007, submitted comments to the FCC Media Bureau in opposition to Cablevision New Jersey Inc.'s petitions for a Declaration of Effective Competition.
I/M/O Cablevision’s filings for effective competition at the FCC. There are currently three effective competition petitions filed on behalf of Cablevision that are pending before the Media Bureau at the Federal Communications Commission. The respective petitions affect Elizabeth, Montvale, and West Milford, several communities within the Raritan system and Mahwah, as well as Paterson and Hamilton. In total over 20 franchise areas are at risk of being declared competitive which would remove the Board’s jurisdiction to regulate basic service tier rates. Rate Counsel filed oppositions on May 21st and 23rd.
Cablevision announced on May 2, 2007, that the Board of Directors has approved the transfer of Cablevision to the Dolan family that will take the company private. Cablevision will have to obtain approval from the Board. With the Comcast acquisition of Patriot Media, and the purchase of Cablevision by the Dolan family, these two companies serve 2.3 million subscribers in NJ. This is 92% of the cable subscribers in NJ.