While a few may be scratching their heads over the $3.6bln spectrum deal that will have Verizon Wireless and Comcast, Time Warner Cable and Bright House reselling each others wares, Time Warner Cable chmn/pres/CEO Glenn Britt says it’s business as usual. “In the business world, there is the term frenemies…” he told our CableFAX 100 luncheon Thurs. “That’s business. This idea that someone is a blood enemy isn’t how it works.”
And cable will keep viewing FiOS very competitively, he assured the crowd. Britt, No. 1 in our Cfax 100, wouldn’t discuss possible regulatory hurdles, but fellow CableFAX 100 interviewee Marci Ryvicker had no gag order. She doesn’t believe the government should have anything to say about a cross-marketing deal. If it did have a problem with it, she asked, why does it not have a problem with DirecTV and Verizon’s reselling arrangement? But Ryvicker predicted a “lot of noise” around the largest companies working together, and the a-word (antitrust) will be thrown around.