Comcast and Charter Are in a Better Position Than Smaller Cable Companies To Resist Fixed Wireless Competition, S&P Global Ratings Says

A report by S&P Global Ratings suggests that the revenue lost for cable operators from customers opting for fixed wireless access (FWA) services is greater than the gains generated from new "junior cable" mobile services. Amid this dynamic “wireless convergence” marketplace, S&P analyst Chris Mooney said Charter Communications and Comcast are “better positioned than other cable providers” dabbling in mobile, primarily because of their respective wholesale mobile virtual network operator (MVNO) agreements with Verizon. These MVNO deals date back to a 2011 spectrum sale, in which Comcast, along with the erstwhile Time Warner Cable and Bright House Networks, sold wireless spectrum to Verizon for $3.6 billion and wholesale use of its network in perpetuity.