Comcast's claim that LTE competes with cable modems is 'a little bit of a stretch,' says Verizon Wireless CEO

Verizon Wireless CEO Dan Mead hedged Comcast's claims that LTE is a viable competitor to traditional landline cable modems. Anyone who uses both knows that it's a ridiculous argument -- LTE service is usually slower, less consistent, and comes with deeply restrictive data caps -- but Comcast has been leaning on it as a supposed example of why competition is healthy in the broadband internet market. The end goal for the cable giant is to convince regulators that there's enough competition in high-speed internet service that its pending acquisition of Time Warner Cable won't create a monopoly or have a serious impact on consumer choice.