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Time Warner Cable says there's no consumer demand for gigabit internet

The Verge: Speaking at the Morgan Stanley Technology Conference, Time Warner Cable's Chief Financial Officer Irene Esteves seemed dismissive of the impact Google Fiber is having on consumers. 'We're in the business of delivering what consumers want, and to stay a little ahead of what we think they will want,' she said when asked about the breakneck internet speeds delivered by Google's young Kansas City network. 'We just don't see the need of delivering that to consumers.'

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Crazyglues3193d ago

Uh, that's because Time Warner Cable is run by complete idiots...

-Also Time Warner has no fiber network, so even if they wanted to compete they couldn't because they use coax cable - and when you put a lot of people on that it slows down big time.. works for business but try putting a whole lot of consumers on it that don't live near each other... and it fails hard.

-What Time Warner really meant was -were already robbing people blind for slow as hell internet, but most consumers don't know that because they came from AOL dial-up so they think our speeds are really fast. So we will just keep milking them..

ArmrdChaos3193d ago

What they meant to say was that there would be no consumer willing to pay the outrageous fees they would unjustifiably demand for it.