Boston, MA 09/15/2014 (wallstreetpr) – Comcast Corporation (NASDAQ:CMCSA) has partnered with Liberty Global to offer the first ever international Wi-Fi roaming services for subscribers. Trials for the projects are set to start later in the year with a view of being commercially available as of 2015, according to Zacks.
Interconnection between Comcast and Liberty
The partnership brings together Comcast Corporation (NASDAQ:CMCSA), which has over 3 million Wi-Fi hotspots spread across the U.S with Liberty being a dominant force in Europe with over 2.5 million hotspots spread across Belgium, Netherlands, Ireland, Poland and Switzerland. The deal will see Comcast subscribers being able to connect their devices on Liberty Global’s Network while travelling in Europe.
Liberty Global subscribers will also be able to connect on Comcast’s Wi-Fi hotspots while in America. The service offering across the two companies will also result in a free alternative to the current wireless data roaming facility. Customers in this case will be able to save on any allotted data on their wireless plans as the two companies continue to deploy wireless hotspots to attract more subscribers to their networks.
Comcast Hoping for Time Warner Merger
The Wi-Fi landscape continues to grow at tremendous rate as wireless companiescontinue to device ways that allow people to make calls on their Wi-Fi platforms especially in areas where network connection is not good. Investors remain confident about Comcast future especially if regulators give the much-needed go ahead for the impending merger with Time Warner Cable Inc.(NYSE:TWC).
Comcast Corporation (NASDAQ:CMCSA) push to merge with Time Warner has mostly been hampered by the fact that the combined company would certainly result in a monopoly in the industry. Reports have already emerged that regulators have received thousands of complaints from people who fear the effects of the merger.
Comcast Corporation (NASDAQ:CMCSA)has enjoyed strong earnings growth over the past years that has seen it pay dividends to its shareholders, as well as carry out stock buybacks. A merger with Time Warner would certainly result in cost saving synergies that will be good for business for the two companies.
