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 Dec 5 2008 | 16:39
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Cable companies pulling out of venture with Sprint Nextel

Updated:2008/4/24 10:59

Tags:Cable | CELL | Sprint
Three of the nation''s largest cable companies are pulling the plug on their cell-phone joint venture with Sprint Nextel Corp.

Spokespeople with Comcast Corp., Time Warner Cable Inc. and Cox Communications Inc. said Wednesday they have stopped marketing the service, which sold under the Pivot brand. They say they plan to offer their Pivot customers the option of switching to a traditional Sprint wireless plan.

The partnership was announced to great fanfare in November 2005 as a way to give cable operators a "quadruple play" of voice, video, Internet and wireless products to better compete against telephone companies.

But the cable operators say the service proved too complicated to sell effectively.



Source: AP News
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