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John Malone Suggests Cable Company Three-Way With T-Mobile

Liberty Media chairman John Malone said a laissez-faire Trump Administration could clear the way for cable companies to enter the wireless business directly, and proposed a scenario in which he, Comcast and Charter “get together and buy T-Mobile.” Rather than partner with the carrier as an MVNO, an aquistion would box out T-Mo CEO John Legere, who said at CES 2017 that he would never agree to an MVNO deal with a cable company.

“Liberty Media Corp. Chairman John Malone said the Trump presidency could open a new era of consolidation and raised the possibility that three major cable TV companies could join forces and enter the wireless business by acquiring T-Mobile US Inc.”

Read More at Bloomberg