Comcast loses $900M on Clearwire Corp., sells shares [Comcast Roundup]

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• Merger Made Comcast Strong, U.S. Web Users Weak [Bloomberg] “To those who argued that the [Comcast/NBC Universal] merger would stick U.S. consumers with high-priced, homogenized entertainment and second-class Internet access, Comcast had only to respond that the situation for consumers would not be any worse than it already was. If opponents could not decisively prove “merger- specific harms,” the phrase Comcast employees repeated endlessly to staff members across Washington, the deal could not be blocked.”
• Comcast is ready to dump its investment in Clearwire Corp. [Philadelphia Inquirer] “Comcast Corp. seems prepared to close the chapter on its ill-fated Clearwire Corp. experiment with a loss of $900 million to $1 billion. Sprint Nextel Corp. and Clearwire announced a deal Monday for Sprint to purchase the shares it does not own in Clearwire for $2.2 billion, or $2.97 a share.”
  
• Comcast Corporation (CMCSA) is a Best-In-Show Media Investment [Insider Monkey]
• FCC Approves AT&T Purchase of WCS, Comcast Spectrum to Boost Its LTE [DailyTech]
• 2012 Year In Review: Usage-based broadband launched by Comcast, Time Warner Cable, Suddenlink [FierceCable]