Friday, March 1, 2013

You Don't Want Super-High-Speed Internet, Says Time Warner Cable

You Don't Want Super-High-Speed Internet, Says Time Warner Cable | Wired Enterprise | Wired.com:

… "Experts believe that this reluctance has less to do with a lack of customer demand and more to do with protecting high margin broadband businesses. Companies like Time Warner Cable make around a 97 percent profit on existing services, Bernstein Research analyst Craig Moffet told the MIT Technology Review this month. But Verizon is more interested in wireless broadband, on which it can make an ‘absolute killing,’ by charging per gigabyte for usage, broadband industry watcher and DSL Reports editor Karl Bode told Wired earlier this year." ...

97% profit eh? They don't got it therefore you don't need it.