Tuesday, August 16, 2011

Time Warner Cable Sees Broadband Access as New Anchor Service

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

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When Was the Last Time 40% of all Humans Shared Something, Together?

I miss these sorts of huge global events where 40 percent of living humans share a chance to build something for others.