In a major move to counter competitive threat from telecom service providers and other online video streaming providers, the five largest cable operators in the U.S., including Comcast Corp. (CMCSA), Time Warner Cable Inc. (TWC), Cablevision Systems Corp. (CVC), Cox Communications Inc., and Bright House Networks LLC have entered into an agreement for free Wi-Fi platform sharing. Subscribers of these cable MSOs will be able to access Internet from their respective laptops, smartphones, tablets, and other mobile devices through a nationwide shared network of more than 50,000 Wi-Fi hotspots in metro areas. The five cable TV operators have created a new web access network called “Cable WiFi”. Using this network, subscriber of any of these five cable TV operators can access Internet even if that person is logging from outside his/her cable TV operators’ home market. At first, the user need to login simply using the credentials of his own cable MSO’s WiFi network. Within a few minutes, the subscriber’s device will be automatically connected to the Internet once the person reach within the range of a participating WiFi hotspot of any of these five cable TV operators. Cable MSOs throughout the U.S. are facing increasing competition from both telecom service providers and satellite TV providers. Roaming Wi-Fi connectivity is likely to become a huge opportunity for cable MSOs to minimize their respective customer churn rate. The mobile Wi-Fi hotspot market is expected to become a multi-billion USD opportunity within the next few years. Several industry sources predicted that Wi-Fi enabled wireless devices, such as phone, computer, and consumer electronics may cross one billion mark by 2012. In addition to retail consumers, the business enterprises are likely to become major contributor for the growth of mobile Wi-Fi hotspot. COMCAST CORP A (CMCSA): Free Stock Analysis Report To read this article on Zacks.com click here.
updated May 22, 2012
Sign up to get our newsletter with money saving tips, deals and coupons - no spam.
discounts & deals from all banks in one app?
At GET.com we compare credit cards and rate them objectively based on the credit card's features, interest rates and fees.
Cards are rated by our team based primarily on the basis of value for money to the cardholder. The GET.com team rates each card based on its annual fee, rewards, benefits, bonus, introductory APR, ongoing APR, flexibility (in how its benefits can be used and how rewards are earned and redeemed), and other card features.