Cable wireless providers have one of the biggest “arbitrage” opportunities in the history of the telecommunications business, one that might lead them to “ultimately dominate the U.S. wireless market,” equity analyst Craig Moffett wrote in a Wednesday-morning note to investors.
In making his case — that their respective MVNO deals with Verizon Communications work decisively in favor of Comcast and Charter Communications — Moffett jumps all the way back to 1775 and Benjamin Franklin’s job as the first U.S. Postmaster General. This tenure led to flat-rate billing on mail delivery, regardless of whether letters and packages were sent to easy-to-reach urban places or far-more-expensive-to-get-to rural destinations.
