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Are Cable TV Operators Exploring Wireless Network Route?
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Thriving WiFi networks throughout the U.S. have become a major concern for large wireless operators. Currently, cable MSOs (multi service operators) have deployed more than 500,000 public WiFi hotspots. This exceeds millions if WiFi homespots are also taken into account. Growing transmission of high-speed data, voice and video packets through wireless networks are prompting cable TV operators to explore the wireless business.
In Apr 2014, large cable MSOs together with several major IT firms and telecom organizations had formed an alliance to free up spectrums in order to expand the WiFi support network. Large business enterprises generally have point of presence throughout the world. A strong and robust wireless network is mandatory for these companies to remain connected with remote sites.
Cloud-managed WiFi network has become the most efficient technology for these large business houses. This technology offers several advantages including central manageability, smaller physical footprint and linear scalability. According to a report by IDC, worldwide cloud-managed infrastructure and managed services revenues are estimated to reach up to $2.5 billion by 2018.
Leading cable MSO Comcast Corp. (CMCSA - Free Report) has decided to enter into a mobile virtual network operator (MVNO) agreement with Verizon Communications Inc. (VZ - Free Report) . Notably, Comcast is also an important bidder in the ongoing 600 MHz low-band spectrum auction (Incentive Auction) conducted by the Federal Communications Commission (FCC).
Research-based website, Heavy Reading stated that Charter Communications Inc. (CHTR - Free Report) , after its acquisition of Time Warner Cable and Bright House Networks, may form an MVNO with any established wireless carrier or potentially gain spectrum through post- Incentive Auction deals.
Meanwhile, leading tech giant Alphabet Inc. (GOOGL - Free Report) launched its wireless phone service named Project Fi in the U.S. in which the company has become an MVNO of T-Mobile US Inc. (TMUS - Free Report) , Sprint Corp. (S - Free Report) and United States Cellular Corp. (USM - Free Report) .
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Are Cable TV Operators Exploring Wireless Network Route?
Thriving WiFi networks throughout the U.S. have become a major concern for large wireless operators. Currently, cable MSOs (multi service operators) have deployed more than 500,000 public WiFi hotspots. This exceeds millions if WiFi homespots are also taken into account. Growing transmission of high-speed data, voice and video packets through wireless networks are prompting cable TV operators to explore the wireless business.
In Apr 2014, large cable MSOs together with several major IT firms and telecom organizations had formed an alliance to free up spectrums in order to expand the WiFi support network. Large business enterprises generally have point of presence throughout the world. A strong and robust wireless network is mandatory for these companies to remain connected with remote sites.
Cloud-managed WiFi network has become the most efficient technology for these large business houses. This technology offers several advantages including central manageability, smaller physical footprint and linear scalability. According to a report by IDC, worldwide cloud-managed infrastructure and managed services revenues are estimated to reach up to $2.5 billion by 2018.
Leading cable MSO Comcast Corp. (CMCSA - Free Report) has decided to enter into a mobile virtual network operator (MVNO) agreement with Verizon Communications Inc. (VZ - Free Report) . Notably, Comcast is also an important bidder in the ongoing 600 MHz low-band spectrum auction (Incentive Auction) conducted by the Federal Communications Commission (FCC).
Research-based website, Heavy Reading stated that Charter Communications Inc. (CHTR - Free Report) , after its acquisition of Time Warner Cable and Bright House Networks, may form an MVNO with any established wireless carrier or potentially gain spectrum through post- Incentive Auction deals.
Meanwhile, leading tech giant Alphabet Inc. (GOOGL - Free Report) launched its wireless phone service named Project Fi in the U.S. in which the company has become an MVNO of T-Mobile US Inc. (TMUS - Free Report) , Sprint Corp. (S - Free Report) and United States Cellular Corp. (USM - Free Report) .
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>