Time Warner Needs Mobile Assets

PARSONS SAYS TIME WARNER NEEDS MOBILE ASSETS
[SOURCE: Financial Times, AUTHOR: Aline van Duyn and Joshua Chaffin]
Dick Parsons, chairman and chief executive of Time Warner, the world’s biggest media company, has set his sights on establishing a strong presence in mobile phone services, either by purchasing wireless spectrum or via an acquisition. “The ultimate table has to be constructed with four legs, not three. The fourth leg will be wireless ­ how one solves the equation I don't know,” Mr Parsons said.
http://news.ft.com/cms/s/177094c6-c26f-11da-ac03-0000779e2340.html
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