S.F. Franchise Vote Held Up8/10/2005 7:04 AM Eastern
The San Francisco Board of Supervisors has delayed a vote on a four-year contract extension for Comcast Corp.
Lawmakers dropped the item from the board’s Aug. 9 agenda. It has not been rescheduled.
Comcast has a tentative deal with regulators to extend its authority to operate a cable system until 2009. In return, the Philadelphia-based MSO has agreed to a one-time payment of $3 million to resolve franchise compliance problems it inherited from AT&T Broadband; and about $5 million over the period of the extension in public access support.
Without the extension, Comcast’s franchise expires Dec. 31, 2005.