"The FCC won't let me be" opines Eminem in his 2001 hit "Without Me," and these days Time Warner is feeling Eminem's pain.
Recently, the Federal Communications Company (FCC) pushed back an announced June 29 auction for wireless spectrum. The new auction date will be August 9.
Why does this matter to TWX? Well, according to some, by getting in on this wireless auction, Time Warner Cable wants to get in on some wireless action. Given Richard Parsons's optimism at last week's shareholders meeting, one can't help but wonder: is this part of Parsons' plan to right the good ship TWX?
Whatever the future holds, I think we can be certain of one thing: unlike Eminem, TWX will never do a duet with Elton John.
What do TWX and Eminem have in common?
Posted May 24th 2006 1:59PM by Anne Metz
Filed under: Bad news, Competitive strategy, Time Warner (TWX)
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