Comcast, Charter deepen mobile partnership
Comcast and Charter are partnering to develop Xfinity and Spectrum mobile software, the companies announced. The software will provide backend systems that support both Xfinity Mobile and Spectrum Mobile. The companies will continue to operate their own separate mobile brands.
Comcast’s Xfinity Mobile relies on Comcast’s hot-spots and Verizon Wireless’s network. It ended the fourth quarter of 2017 with 380,000 subscribers. Charter also leases wireless capacity from Verizon Wireless. Comcast and Charter announced last year their partnership to develop wireless platforms. According to filings at the Securities and Exchange Commission, the partnership will consist of “investments, acquisitions, mergers, partnerships, joint ventures or similar transactions” valued at $200 million.
Links:
Comcast, Charter partner for mobile services back-end software (Reuters, Apr. 20, 2018)
Comcast and Charter Partner to Take on Mobile Industry, Form Mobile Operating Unit (Telecompetitor, Apr. 20, 2018)
Cable companies partner to enter wireless market (Speed Matters, May 12, 2017)
Comcast enters wireless market with Xfinity Mobile (Speed Matters, Apr. 7, 2017)
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