Although Wall Street analysts continued to fret over declines in number of pay-TV subscribers, the nation's cable players generally offered positive views of Wi-Fi and their plans to expand the use of the technology. Indeed, a number of cable companies specifically mentioned their Wi-Fi plans during their second quarter conference calls with analysts.
Stocks for virtually all of the major media conglomerates have dropped sharply amid newly heightened concerns about the future of the pay-TV bundle.
The cable industry will eventually move to a BYOD (bring your own device) world, Time Warner Cable Chairman and CEO Rob Marcus conceded. But he said in the meantime the MSO will continue to aggressively lease set-tops and modems.
Comcast and Verizon Communications are discussing whether and how they should renegotiate a contract dating from 2011 that lets Comcast operate as an MVNO of Verizon Wireless, according to a Wall Street Journal article. The wireless industry has shifted significantly since the deal was struck, and Comcast is exploring how much flexibility it would have to sell shared data plans.
While Comcast's 2011 MVNO agreement with Verizon has been widely viewed as an easy entry point for the MSO to create a Wi-Fi-first mobile service, the four-year-old deal actually presents Comcast with a range of pricing and packaging challenges.
Time Warner Cable reported a net decline of 45,000 pay-TV subscribers in the second quarter, its best second quarter subscriber performance since 2008.
Comcast and Discovery Communications announced a multi-year renewal of their just-expired carriage agreement, ending Wall Street fears that talks between the two companies could degenerate into a blackout.
Time Warner Cable said it is mainly relying on its own TWC engineers to upgrade its hub sites as part of the company's efforts to roll out its TWC Maxx offering to two additional service areas, Greensboro and Wilmington, N.C. However, the company said it is also using some "additional contract resources" for the installation.
Verizon has introduced a new 100 Mbps symmetrical speed tier for its FiOS Quantum service in New York Metro area, a move to lure broadband consumers away from Time Warner Cable and Cablevision where it has built out its fiber-to-the-home (FTTH) platform.
Charter Communications is moving fast to bolster its Washington, D.C., influence by hiring a wide range of high-profile lobbyists as it looks to close two big pay-TV mergers.