T-Mobile US CEO John Legere says Verizon Communications’ (VZ) Go90 mobile video service could be a “debacle,” and that cable TV firms such as Comcast (CMCSA) might need to buy a wireless phone company to stay competitive. T-Mobile (TMUS) will bid aggressively in a U.S. government auction of airwaves now controlled by TV broadcasters slated for early 2016, the company said Friday at a Goldman Sachs investor conference. T-Mobile also said its
Both Comcast (CMCSA) and AT&T (T)have big appetites for acquisitions, but nothing seems hot on their respective plates, based on management comments at a Goldman Sachs conference Wednesday. Comcast, the nation’s biggest cable TV firm, bought media giant NBCUniversal in 2011 from General Electric. Regulators thwarted Comcast’s proposed acquisition of Time Warner Cable in April. NBCU Chief Executive Steve Burke, at a separate conference last week,
Comcast (CMCSA) announced early Wednesday that it was creating an Enterprise Services unit to offer broadband, Wi-Fi and other more to the biggest U.S. companies nationwide, posing a new challenge to AT&T (T) and Verizon (VZ). Comcast will provide services even outside its home markets by reaching wholesale deals with Time Warner Cable (TWX), Charter Communications (CHTR), Cablevision (CVC) and more. That cable industry alliance, Comcast