Wednesday, August 10, 2005

Time Warner Cable Goes Wireless

From Reuters Time Warner mulls wireless market

NEW YORK (Reuters) - Time Warner Cable, the second-largest U.S. cable television operator, is mulling an entrance into the U.S. wireless telephone market, Chief Executive Glenn Britt said.

Its mobile phone options include renting space on an established wireless network and reselling existing services through a joint venture, Britt said at the Reuters Telecommunications, Cable and Satellite Summit on Monday.

Britt also said Time Warner Cable could make an investment in a wireless company, either alone or as part of a consortium of cable companies. But he all but ruled out buying a wireless service outright, due to the size of the national services

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