Verizon and Charter would bring together thousands of miles of fiber-optic Internet capacity at a time of soaring demand for faster broadband. Charter and Verizon declined to comment on the report. Verizon and Charter would bring together thousands of miles of fiber-optic Internet capacity at a time of soaring demand for faster broadband. Cable and wireless companies also are exploring closer ties as the industry gets more saturated and consumers cancel their cable subscriptions for cheaper online alternatives—and go Internet-only. Both Comcast and Charter plan to enter the wireless business this year by re-selling Verizon’s wireless service.

Source: Mint January 26, 2017 16:40 UTC