AP: Cable companies Comcast, Time Warner Cable and Bright House Networks have decided to partner with Verizon Wireless instead of pursuing their plans to offer their own wireless services. The three companies will sell their wireless licenses to Verizon for $3.6 million, a 64 percent profit over the purchase price. In addition, the three cable […]
AP: Cable companies Comcast, Time Warner Cable and Bright House Networks have decided to partner with Verizon Wireless instead of pursuing their plans to offer their own wireless services. The three companies will sell their wireless licenses to Verizon for $3.6 million, a 64 percent profit over the purchase price. In addition, the three cable providers will begin reselling Verizon Wireless services to their customers.
As part of the deal, Verizon Wireless will also be able to resell the cable companies’ services through its retail stores.
SEE ALL
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
