Monday, October 24, 2005
WSJ.com - Cable Firms Near Pact With Sprint
WSJ.com - Cable Firms Near Pact With Sprint: "A consortium of cable operators including Comcast Corp., Cox Communications Inc. and Time Warner Inc. are close to an agreement to sell cellular service using the wireless network of Sprint Nextel Corp., according to people familiar with the talks.
The deal, expected to be announced in the next few weeks, would give cable operators another weapon in their battle with telephone companies. Since early last year, as several big cable operators have rolled out landline telephone service, competition between the cable and traditional telephone industries has heated up, with each side attempting to poach the others' customers with a bundle of telecom offerings, including telephone service and high-speed Internet access."
The deal, expected to be announced in the next few weeks, would give cable operators another weapon in their battle with telephone companies. Since early last year, as several big cable operators have rolled out landline telephone service, competition between the cable and traditional telephone industries has heated up, with each side attempting to poach the others' customers with a bundle of telecom offerings, including telephone service and high-speed Internet access."
