Charter (NASDAQ: CHTR) and Comcast (NASDAQ: CMCSA) signed a multi-year agreement with T-Mobile (NASDAQ: TMUS) to use its network to deliver mobile services to their business customers across the U.S. Service is set to launch in 2026. Financial terms were not disclosed.
Charter and Comcast say their wireless partnership will leverage T-Mobile’s advanced mobile network through a long-term mobile virtual network operator (MVNO) relationship. The MVNO deal will expand Charter’s and Comcast’s ability to deliver wireline and wireless offerings to Enterprise customers. Mobile services will be offered by Charter and Comcast under the Spectrum Mobile for Business and Comcast Business Mobile brands, respectively.
The companies say the new agreement will focus solely on providing wholesale mobile connectivity to Charter’s and Comcast’s business customers. Charter and Comcast’s existing long-term MVNO partnerships with Verizon (NYSE: VZ) will continue to support residential and current business customers.
“T-Mobile is pleased to work with Charter and Comcast to deliver their U.S. business customers connectivity on the mobile network with more new customer growth than any other network over the past five years,” said Omar Tazi, T-Mobile EVP and Chief Product and Digital Officer. “This partnership complements what our T-Mobile for Business group already offers and expands the reach of T-Mobile’s network to even more business customers beyond those we currently serve.”
Tazi called the arrangement a “win-win” because Charter and Comcast Business customers will benefit from T-Mobile’s advanced network and T-Mobile gains incremental value from the “unique” business segment.
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