Telcos “not dead yet” – Comcast not acquiring mobile subs fast enough

Back in May 2017 when Comcast launched Xfinity Wireless, we suggested something outrageous – that Comcast and Charter might, over time, do so well in wireless and Verizon so badly, that the changing share prices may make Verizon open to being acquired or partly acquired by the two collectively. As long as Comcast does not shoot its share price in the foot, as it has threatened to lately, offering to buy Sky from under the nose of 21st Century Fox, which has temporarily taken a full $23 billion off its market capitalization, then it can still end up doing this. We think it is far healthier for Comcast to acquire a cellular business in the US, than a DTH player…