Tuesday, November 01, 2005

Big Sprint Cable Deal Imminent

Via Red Herring.

Sprint Nextel is expected to announce a deal this week that would make it the single supplier of wholesale wireless bandwidth to the three largest cable operators in the United States: Comcast, Time Warner Cable, and Cox Communications.

The deal has been under discussion for some time, according to a source involved in the talks. But it could take on a new urgency in the light of the Monday’s U.S. Federal Communications Commission approvals of the two major telecommunications mergers.

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