Time Warner Cable CEO Glenn Britt says broadband access, not television, is becoming the cable operator's "anchor service." That is a mirror of similar changes at fixed-line telco entities as well, where voice services are being slowly displaced by broadband access as the "lead" service in the portfolio. That isn't to say the transition is complete, only that it is underway.
Cable TV service is still Time Warner Cable's biggest revenue generator, accounting for 56 percent of the company's $4.9 billion top line in the second quarter. But high-speed data revenue is growing more quickly, as the company continues to lose TV subscribers.
"Clearly the relative importance of the video business has declined over time," Britt noted "I think broadband clearly is becoming the anchor service."
Time Warner Cable Sees Its Balance Shifting to Web - WSJ.com
Tuesday, August 16, 2011
Time Warner Cable Sees Broadband Access as New Anchor Service
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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