There is no point in discussing relative service levels, customer service, blah blah blah. None of that is the significant issue at stake.
First, Net Neutrality. A 'TimeCast' conglomerate will wield immense power and be able to enforce selective access and performance. If Netflix is your favorite video provider, you will be left at the mercy of a much larger and much more motivated ISP. This is an opportunity for the FCC to join Justice and require neutrality of access and routing as a condition. Let the court fights begin... Here, consumers have little hope that the government will act in their best interest, or even be allowed to.
Channel selection will become more interesting as this is an entity that could challenge content providers such as Disney and ESPN, and we'll see the battle between cable systems too big to ignore and content too valuable to refuse. I doubt consumers will benefit from this in any way.
Pricing will go up, count on it. Municipalities will take advantage of that and hang increased fees on these price changes, and consumers will pay more. Period.
There is nothing good about this. And there need not be, since corporations are not motivated to act in the best interest of their customers, merely to earn profits. that should, in a perfect world, result in serving customers, but it need not, and we are not in a perfect market or world. Oligopolies like this will not operate int eh customer's best interest.
Which is the current state of our government, not serving its citizens well at all. And that is why limited and constrained government is essential, and abdicating power to a central federal government is a bad idea. Corporations need also to be restrained. Same problem.