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Comcast, Charter To Work Together To Rival Wireless Carriers
AppleMagazine
|May 12, 2017
Comcast and Charter have agreed to cooperate on upcoming cellphone services as both cable companies face growing threats from national wireless carriers such as AT&T and Verizon.
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The cable companies said that while they’ll offer wireless services separately to customers, they will work together on behind-the-scenes matters like customer billing and device ordering systems. They said the agreement will save money and help them compete with the national providers.
As part of the deal, announced this week, Comcast and Charter agreed that they wouldn’t buy other wireless companies for one year, or make related deals without consulting each other first. It also includes restrictions on any transaction that would give another company a majority ownership or voting power in either Comcast or Charter.
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