T-Mobile has spent the past four years attacking wireless industry rivals to great success. But the wireless industry isn’t growing as fast as it once was, so the carrier has focused on an entirely new market: the $100 billion cable and satellite TV business.
The public kickoff of the effort came on Wednesday when T-Mobile announced it was acquiring a startup TV service in Denver called Layer3 TV. The carrier plans to use some of Layer3’s technology and relationships with TV programmers to launch its own nationwide cable competitor next year. Taking on the entrenched cable monopolies won’t be easy, but no one should underestimate the carrier and its CEO John Legere considering their prior success in wireless. The cable market “looks a lot wireless from a few years ago,” Legere said on Wednesday. Here’s what we know so far:
T-Mobile hasn’t announced exact details about what will be included in its …