Comcast walks away from Pivot
Comcast said Wednesday it has changed its mind on a joint wireless communication venture with Sprint-Nextel, according to a Reuters report.
The service, called Pivot, was begun as a partnership between the cable giant, Sprint, Time Warner, Cox Communications, and Advanced/Newhouse Communications in 2006. It offered a package of services, including TV, broadband, and both a landline and wireless phone service.
"We decided to discontinue the service because the product required a lot of operational complexities, so we decided it wasn't the approach we wanted for the long term," said a Comcast spokesperson.
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