Comcast (CMCSA), the media technology company that owns NBCUniversal, plans to launch a wireless service next year after it exercised its mobile virtual network operator rights with Verizon (VZ).
“We think (it’s) a very meaningful strategy given how great our products are and now you’ll be able to add to that experience,” Chief Executive Officer Brian Roberts said at an industry conference on Tuesday, according to a transcript on the company’s website.
Comcast recently exercised the MVNO rights that were retained after it sold spectrum licenses to the telecommunications giant, allowing it to use Verizon’s network infrastructure for its own mobile service.
The product that Comcast offers through the Verizon network may be linked with the company’s 15 million WiFi hot spots for a seamless service, Roberts said. Wireless would add customer satisfaction and value to the firm as it has seen with its X1 DVR service that allows people to search across live television, on-demand viewing and Netflix (NFLX), which is in beta testing.
The wireless service is being worked on by a team of about 150 people, with Greg Butz and the president of Comcast Wireless, and it might be out by the middle of 2017 or “a little sooner,” Roberts said.