Time Warner, Sprint eye cellular deal

Time Warner Cable is reportedly working with Sprint Corp. on a deal that would allow the cable provider to offer cellphone service on a trial basis next year.

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The deal would put the unit of Time Warner Inc. in a class all its own as the only major cable company to offer cellular service, and would give the two companies stakes in television, high-speed Internet access and wired and wireless phone service, The Wall Street Journal reported Wednesday.

Representatives from both companies confirmed that talks are underway but would not say if a deal was imminent, as the newspaper reported.

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The service would be limited to Kansas City, Mo., in the first quarter of 2005, but could expand.

Time Warner is the country's second-largest cable operator with nearly 11 million subscribers.