Time Warner Cable, partners consider wireless bid
TIME WARNER CABLE, PARTNERS CONSIDER WIRELESS BID
[SOURCE: Reuters, AUTHOR: Yinka Adegoke]
Time Warner Cable on Wednesday said its mobile partnership with other cable operators and cellular company Sprint Nextel may bid in a U.S. wireless license auction, a move that would put leading cable companies squarely on cellular operators' turf. The four cable companies -- Time Warner Cable, Comcast Corp., Cox Communications Inc. and Advance/Newhouse Communications -- linked up with Sprint Nextel in a $200 million venture in November. A bid in a planned June auction by the Federal Communications Commission would open that venture considerably, with the total sale of wireless licenses expected to bring in $8 billion to $15 billion, according to analysts.
http://today.reuters.com/news/newsArticle.aspx?type=internetNews&storyID...
* Cable Operators Plan to Apply for Wireless Airwaves
http://www.tvweek.com/news.cms?newsId=9964