Comcast aiming to launch wireless phone service by mid-2017
During the course of a recent address at a Goldman Sachs investor conference, Brian Roberts – CEO of cable giant Comcast Corp. – said that Comcast has efforts underway to launch a wireless phone service by mid-2017.
The disclosure by Roberts implies that Comcast is apparently looking to create a new line of business, with which the company will potentially be able to better retain cable customers in an intensely competitive pay-TV market.
According to the information shared by Roberts at the conference, the wireless phone service which Comcast plans to launch will basically involve a hybrid of home broadband and cellular airwaves.
Revealing that the service will take advantage of Comcast’s 15 million Wi-Fi hot spots and use airwaves which the company has leased from Verizon Communications, Roberts said that calls, texts and web browsing on smartphones will be routed over Wi-Fi when it is available, and automatically switch over to cellular networks when Wi-Fi is not available.
Roberts further said that the renting of Verizon’s network will spare Comcast from making the investments – cell towers and other infrastructure – which it would have had to make otherwise for its wireless phone service; and added: “We believe there will be a big payback with reduced churn, more stickiness and better satisfaction.”
Metal Stamping market research provides actionable intelligence on major parameters impacting the market; analyses the market performance of key companies; market dynamics of
Magnetic Stirrer Market is expected to witness growth of international market with respect to advancements and innovations including development history, competitive analysis
Biological Safety Cabinets Market Research Report provides insights of Biological Safety Cabinets industry over past 5 years and forecast until 2022.Report studies the Biologi
Bedpan Washers Market Research Report provides insights of Bedpan Washers industry over past 5 years and forecast until 2022.Report studies the Bedpan Washers Market status an
This Blood Glucose Meter Market report offers an overview of the market trends, drivers, and barriers with respect to the market.
This Trace Elemental Analyzer Market report offers an overview of the market trends, drivers, and barriers with respect to the market.