NEW YORK (Standard&Poor's) April 28, 2014--Standard&Poor's Ratings Services said today that the ratings and outlook on Comcast Corp. are not affected by the company's recent agreement with Charter Communications Inc. to divest 3.9 million customers of the merged Comcast/Time Warner Cable entity, a transaction that remains pending and still requires DOJ and FCC approvals. The divestiture will be executed through three separate transactions, including an initial sale of 1.4 million subscribers to Charter, and the spin-off of 2.5 million subscribers into a new publicly traded company, of which Charter will initially acquire a 33% stake. The transactions will enable Comcast to reduce its managed subscribers to less than 30% of total national video subscribers, which the
