Da-Chief
03-25-2008, 08:08
http://i.dslr.net/urls/34/68634.gif (http://www.dslreports.com/shownews/Cox-Wireless-Broadband-92961)
In the recent 700Mhz auction, Cox Communications won 14 Block A and eight Block B licenses for bids totaling roughly $304 million. While Cox hasn't publicly stated what they plan to do with this spectrum, the geographic limitations of the spectrum mirrors their existing cable footprint -- leading to obvious speculation that the company will be offering wireless broadband (http://www.lightreading.com/document.asp?doc_id=148984&site=cdn) before too long. Likely targets are their largest metro markets: San Diego, Phoenix, Las Vegas, Pensacola, Florida, and Norfolk/Virginia Beach, Virginia. As a private company, Cox doesn't have to worry about the plan dragging down their share price (rumors of wireless ambitions hit Comcast stock hard in 2007).
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In the recent 700Mhz auction, Cox Communications won 14 Block A and eight Block B licenses for bids totaling roughly $304 million. While Cox hasn't publicly stated what they plan to do with this spectrum, the geographic limitations of the spectrum mirrors their existing cable footprint -- leading to obvious speculation that the company will be offering wireless broadband (http://www.lightreading.com/document.asp?doc_id=148984&site=cdn) before too long. Likely targets are their largest metro markets: San Diego, Phoenix, Las Vegas, Pensacola, Florida, and Norfolk/Virginia Beach, Virginia. As a private company, Cox doesn't have to worry about the plan dragging down their share price (rumors of wireless ambitions hit Comcast stock hard in 2007).
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