Charter Eyeing 3.5 GHz, 3.7-4.2 GHz Spectrum for Mobile Needs, CFO Says
As it looks to unload some mobile traffic carried via its mobile virtual network operator, Charter Communications is considering licensed as well as unlicensed spectrum and Wi-Fi, Chief Financial Officer Chris Winfrey told analysts Thursday. He said the company is…
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doing tests to evaluate 3.5 GHz spectrum and hopes to do the same with 3.7-4.2 GHz spectrum. Asked about 5G competition, he said it's unlikely to be direct competition for fixed line service, though Charter likely will employ 5G in some limited use cases or in partnership with other operators. He said Charter's footprint-wide rollout of its Spectrum Mobile service (see 1809040003) -- as well as other cable operators' own mobile offerings -- could help push broadband penetration broadly since customers could get web and mobile service at bundled pricing comparable to what many pay for mobile service alone. He said the Time Warner Cable and Bright House Networks integration "has gone extremely well" and New Charter will operate as a single cable system by early next year. He said New Charter's conversion to all digital and all DOCSIS 3.1 will be done by year's end. Asked about declining video subscriptions, Winfrey said Charter is "becoming more and more indifferent" about small growth or losses of video customers, though having a video offering remains important to the connectivity business.