According to Bloomberg, Cox Communications is considering selling its fledgling wireless network to ‘a large telecommunications company’. Speaking in Chicago, company president Pat Esser indicated that Cox is keen to sell the infrastructure to a company such as AT&T, Verizon Communications or Sprint Nextel. As reported by CommsUpdate last month, Cox – America’s third largest cable company by subscribers – indicated that it intends to shut down the independent wireless network that it has started building, preferring instead to rely on its pre-existing mobile virtual network operator (MVNO) agreement with Sprint Nextel for its wireless needs.
Cox has yet to confirm what it intends to do with the AWS and 700MHz spectrum – which it acquired at Federal Communications Commission (FCC) auctions in 2006 and 2008. Spokesman David Deliman admitted that Cox has a variety of options for its wireless spectrum, including using it for a future Long Term Evolution (LTE) network or working in conjunction with another wireless provider as partners. Deliman admitted that Cox has no ‘near-term’ plans to sell the spectrum. Considering the companies’ existing ties, Sprint is expected to be a likely suitor when Cox decides on its strategy.