Cable Is Having a Bigger Impact on Wireless Than Anticipated
Charter Communications (NASDAQ: CHTR) CEO Tom Rutledge thinks mobile is his company's biggest opportunity in 2022. Meanwhile, T-Mobile (NASDAQ: TMUS) CEO Mike Sievert said Charter and Comcast's (NASDAQ: CMCSA) virtual networks are taking a much larger share of the customer base than anticipated. He also said DISH Network (NASDAQ: DISH) is already a significant threat after it acquired Boost Mobile as part of T-Mobile's merger with Sprint.
At the same time, though, prepaid wireless subscriber growth at the big three wireless carriers continues to outpace population growth by a wide margin. At some point, something has to give.
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Source Fool.com
