Time Warner Cable may bid on wireless spectrum in an upcoming FCC...
Time Warner Cable may bid on wireless spectrum in an upcoming FCC auction with 4 other joint venture partners including Sprint Nextel and Comcast (CD Nov 2 p7) as it takes steps to remain competitive with online content providers.…
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“We're evaluating whether it would be a good idea to more directly own spectrum… along with the other cable partners that are in the venture,” said Time Warner Cable Pres. Glenn Britt. The firm planned to file a so-called short form registration late Wed., Britt told an investor meeting. Time Warner has received “almost all of the local franchise approvals that we need” to buy Adelphia systems, he said: “We're still awaiting FCC action, which we expect will be forthcoming shortly.” Time Warner Cable will double the amount of VoD content available as it experiments with making more video available online, said another executive. The firm has found that “consumers more often [are] looking to the Web for entertainment, including short form video clips” rather than longer shows, Peter Stern, exec. vp-product management, said: “They don’t want to engage with the Web the way they engage with TV.” The firm’s Road Runner broadband service is “selectively” increasing transmission speeds in markets including Rochester, N.Y., he said. - JM