To help you understand the cable companies' fight to gain and retain customers as consumers continue cord-cutting, and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…
Look for cable companies to keep expanding their mobile phone business. The new bundle — home internet and mobile service — continued to gain steam in the third quarter of this year. Cable providers are offering deals to get customers to switch from traditional cellular providers, and are finding that many stick around.
Comcast scored nearly 300,000 new mobile lines in the third quarter, upping its total to 6 million. Spectrum Charter added nearly 600,000 lines and has 7.2 million total. Altice has 300,000 mobile lines connected to its mobile wireless service. Cable companies rent wireless networks from big cellular providers for regional or nationwide coverage.
