Even Verizon Doesn't Think LTE's a Real Competitor For Comcast
To get their acquisition of Time Warner Cable approved, Comcast has been claiming that pretty much every company in existence
technically competes with Comcast, therefore all that competition will organically keep Comcast honest. Even though Google Fiber only impacts a tiny, tiny fraction of Comcast's overall userbase, Comcast claims that's enough competition to keep the company on its very best behavior. Comcast has even gone so far as to claim Comcast-owned Hulu will keep Comcast honest.
The company has also tried to argue that because LTE wireless is improving, it too is another example of competitive pressure facing the company (even though Comcast sells
Verizon Wireless services). Amusingly, speaking with reporters recently, even Verizon Wireless CEO Dan Mead argued that this wasn't really true
"They're trying to get deals approved, right, and I understand that... their focus is different than my focus right now, because I don't have any deals pending," Mead said, a reference to the fact that Comcast is looking for ways to justify the TWC buy. "LTE certainly can compete with broadband, but if you look at the physics and the engineering of it, we don't see LTE being as efficient as fiber coming into the home."
Before moving to Verizon's wireless unit, Mead held executive roles in the company's landline business, responsible for traditional telephone service and high-speed internet to the home. "We know both sides of that pretty well," he continued. "So that may be a little bit of a stretch, and the economics are much different."
By pretending that everybody competes with Comcast, Comcast hopes everybody ignores the company's growing stranglehold on the last-mile broadband market, a position of power that's only growing as companies like AT&T and Verizon back away from DSL users in markets they don't want to upgrade
(something that's happening whether or not the merger goes through).
Capped, pricey LTE service certainly isn't a real competitor for Comcast -- especially since they're in a marketing agreement with Verizon to help sell it as an added complementary service -- not a replacement.
Holy Crap For once they are right.
Wireless is inferior to wired for home internet.
Re: Holy Crap As I have said numerous times....
Wireless is a great second connection for when you are on the go, but is not and will never be able to keep up with wired and bring matching capabilities to the fight against it.
Wireless, though has the advantage of being portable, is still a second rate connection.
But didn't they claim that LTE was just fine for this before? When they cut off a bunch of DSL users and the statement says fiber to the home not coax like Comcast uses 99% of the time.
Re: Home LTE service If Sprint used their 2500 MHz spectrum for this they could offer caps more in line with cable. Yes I know propagation and penetration issues with 2500 MHz but these fixed services use more powerful OUTDOOR antennas so that should be somewhat mitigated.
Re: Maybe A Chance To Kill This Acquisition
said by n2jtx:Actually, some analysts are saying the opposite:
... Perhaps they will now be more inclined to scotch this merger since they were worried about nixing too many deals.
Analyst: No Sprint/T-Mobile Deal Helps Comcast/TWC, FCC
Reacts To Reports That Mobile Deal Is Being Scuttled
By John Eggerton, Multichannel News - August 6, 2014
»www.multichannel.com/news/techno ··· c/382999
Bernstein Research says that if T-Mobile and Sprint drop their merger plans, as expected, it will benefit other potential merger partners Comcast/Time Warner Cable and AT&T/DirecTV, as well as the regulator faced with those two, already filed, deal proposals.
In a note to clients, senior analyst Paul de Sa and his team said that they continued to expect Comcast/TWC and AT&T/DirecTV to be approved and close by the first quarter of 2015. The benefit to them of taking T-Mobile/Sprint out of the equation is one less mega-merger being filed that could slow down the review processes at the FCC.
The FCC will benefit, they suggest, for that same reason, as well as gaining more certainty around the 600 MHz auction and showing that " it can still be a relevant institution, able to resist high-profile lobbying campaigns and ignore distractions such as auction promises and attempts to negotiate by press leak."
Lexington Park, MD
didnt they just get done telling new jersey they met their obligation to provide residential broadband by saying the lte was the answer??