2024 in review: Cable gets the urge to converge

The US cable industry has gone through fits and starts trying to add mobile to the service bundle over the years. But cable has finally hit the mark by focusing on bundling home broadband and mobile and creating an early form of convergence that cable's key competitors, including AT&T, Verizon and T-Mobile, are now trying to emulate with fiber network buildouts alongside a wave of fiber-focused mergers. Analysts such as MoffettNathanson's Craig Moffett believe that cable's got the advantage because it's in position to offer the convergence bundle everywhere they offer broadband compared to the pockets where rivals have fiber.