Comcast, Charter to Strike Wireless Partnership
May 8, 2017
Apparently, Comcast and Charter will announce a wireless partnership, agreeing not to make a material merger or acquisition in wireless without the other’s consent for one year.
That agreement could stoke Wall Street speculation among investors and analysts that the two largest U.S. cable companies together could decide to make a play for a carrier like T-Mobile US or Sprint. Neither company as a single entity could buy another wireless carrier for that time period as a result of that agreement without the other’s blessing or involvement.
Comcast, Charter to Strike Wireless Partnership Comcast, Charter Join to Take on AT&T, Verizon in Wireless (Bloomberg) What the Comcast-Charter wireless link-up means to you (USA Today)