Charter Communications (CHTR) Plans to Offer Wireless Service (VZ)

September 22, 2016 8:43 AM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

Charter Communications (Nasdaq: CHTR) is planning to launch a wireless service by leasing airwaves from Verizon (NYSE: VZ), according to the WSJ, citing commentary made by CEO Tom Rutledge at an investor conference on Wednesday.

Chater received the agreement via its acquisition of Time Warner Cable and Bright House Networks.

While details on the product weren't offered, Rutledge commented, We have talked internally about how to build out our network to capacity…and how to do that both terrestrially and wirelessly.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Insiders' Blog, Management Comments

Related Entities

Definitive Agreement

Add Your Comment