Comcast to sell Verizon gear early in 2012, TWC sooner
updated 04:50 pm EST, Mon December 5, 2011
Comcast, TWC will sell Verizon mobile hardware
As part of the recent AWS spectrum sale from cable providers to Verizon, Comcast will begin selling Verizon's mobile devices early next year. At the same time, Comcast will compete with Verizon in markets where it sells its FiOS TV and Internet service, said Comcast Cable president Neil Smit. Time Warner Cable will also sell Verizon products in bundled packages, though it will do so nearly immediately.
Exactly when TWC will sell the products or what they will be hasn't yet been revealed, however. Before the deal, the cable companies relied on Sprint Nextel and Clearwire on gear and data access. They will now distance themselves from the two and especially Clearwire, but Comcast will retain its 9 percent equity stake in Clearwire for the "foreseeable future."
