In the next few months, cable giant Comcast will start selling wireless service, just as AT&T and Verizon already do.
Those hotspots don’t reliably provide internet access to phones, however, so Comcast and Charter will resell Verizon cell service.
Cable in WirelesRegular cable service, of course, is far from dead.
The wireless companies are also developing a faster, more reliable version of the mobile internet that could compete with cable’s broadband.
Google already sells a wireless service, Project Fi.
as mentioned in
Rumor mill: Verizon pondering purchase of Comcast or Charter
Notably, one of the Post’s sources limited the speculation to Comcast and Charter, pointing out that Altice USA’s footprint is too small to help Verizon.
According to the paper, McAdam told friends at the Consumer Electronics Show in Las Vegas two weeks ago that he wants a cable company.
Densification of wireless networks required to meet the needs of video-centric subscribers increases synergies of cable-wireless combinations and provides the springboard for 5G-based services.
“We have long believed that secular changes in technology and usage would lead to the convergence of the cable and wireless industries,” Hodulik said.
A roll-back of Title II re-classification could further increase incentives for cable.”The speculation picked up steam when McAdam, speaking at a J.P. Morgan investor event in mid-December, said the purchase of Charter by Verizon makes “industrial sense.”
as mentioned in
What Verizon Will Gain From a Charter Acquisition
He speaks with Bloomberg’s Mark Barton on “Bloomberg Surveillance.”
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