The FCC's upcoming auction of 600 MHz spectrum may net less money for the government than is expected, according to a report from Bloomberg Business. Pricing wars and slowing growth among wireless carriers "have left some potential bidders cash-constrained," the piece notes, and the auction may generate only $33 billion-- far short of estimates that have ranged from $45 billion to $85 billion.
Charter Communications will introduce a new low-cost broadband service for lower-income families, fulfilling its promise to regulators to get approval of its pending acquisitions of Time Warner Cable.
Charter Communications has launched a new website that will cater to mid-to-large sized businesses looking for information about what business solutions and services the provider can offer, signaling that Charter is serious about going up market.
Cable companies including Comcast and Charter Communications continue to promise that they will eventually enter the mobile industry-- but what exactly they plan to do remains unclear.
Charter Communications CEO Tom Rutledge said the MSO's Worldbox set-top box "is finished and we're ready to deploy it." However, he hedged when questioned how long the carrier's rollout of Worldbox would take.
Charter Communications continues to work to obtain regulatory approval for its massive purchases of Time Warner Cable and Bright House Networks, arguing that the resulting company-- dubbed New Charter-- would only service roughly 21 percent of all American broadband customers. Charter noted that figure is "less than Comcast and only slightly more than AT&T."
Liberty Media Chairman John Malone said he thinks cable operators, including those in the U.S. market, will inevitably add a cellular wireless component to their bundle of service offerings, calling the addition something of "enormous" importance. He said the easiest way to jump into wireless will be through MVNO deals and cautioned against buying spectrum and building out networks too soon.
Next year's incentive auction of 600 MHz broadcast TV spectrum might attract bids from companies that are not wireless carriers, including Comcast, Charter Communications, Dish Network and Google, financial and industry analysts said. However, the analysts also said that even if these wild card players do win spectrum, they likely will not be looking to build out wireless networks of their own.
Top executives from Comcast and Charter Communications said this week their companies are considering participating in next year's incentive auction of 600 MHz broadcast TV spectrum. However, Time Warner Cable will not take part in the bidding. But TWC did hint that it could be open to launching a wireless service if its competitors do.
T-Mobile US CEO John Legere said he expects "dark horse" companies like Google, Comcast and Charter Communications to bid in next year's incentive auction of 600 MH broadcast TV spectrum. Legere said the next six to 12 months are going to be a "fascinating time period" in the industry as the future of the wireless market takes shape as more content goes online and more Internet traffic goes mobile.