A weird cellular marriage between cable competitors Comcast and Verizon

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Comcast may have stomped all over T-Mobile’s begging for an acquisition with this move, but it’s a weird one, indeed.

Comcast CEO Brian Roberts said in the Q3 company’s earnings call that he is ready to act upon a three-year-old agreement with Verizon to set up as an MVNO using the latter’s network. Test runs are scheduled after a required six-month waiting period. Where we are in that time frame is unknown.

The 2011 agreement, in which Comcast gave Verizon spectrum, also allowed the Philadelphia-based telco the right to resell Verizon Wireless service on its cable packages. Comcast has been acting on that clause.

Comcast also has a spectrum rent agreement with Sprint, but it’s gone unused.

The company is also “likely to participate” in the FCC 600MHz spectrum auction next year, Roberts said.

Source: Bloomberg, The Wall Street Journal
Via: The Verge, FierceWireless

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About The Author
Jules Wang

Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.