Comcast to sell Verizon Wireless products in 4 markets in early 2012

Comcast president Neil Smit confirmed during a UBS investor conference on Monday that his company will begin to bundle Verizon Wireless products with its services in early 2012. Comcast, Time Warner Cable and Bright House Networks announced late last week that Verizon Wireless had agreed to purchase spectrum from SpectrumCo, joint venture created by the three firms, for $3.6 billion. Verizon Wireless will use the spectrum to build out its 4G LTE wireless network and agreed to allow each company to sell its products and services through wholesale channels. Smit told Reuters that Comcast will still compete head-to-head with Verizon Wireless’s parent company, Verizon Communications, which owns ... »read more

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