110°

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.'

Read Full Story >>
theverge.com
Crazyglues4072d 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..

ArmrdChaos4071d 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.

70°

Google Fiber now sells $55-per-month gigabit Internet (in one city)

$55 gigabit available in San Antonio while people in other cities pay $70.

Read Full Story >>
arstechnica.com
70°

Millions of Time Warner Cable Customer Records Exposed in Third-Party Data Leak

Roughly four million records containing the personal details of Time Warner Cable (TWC) customers were discovered stored on an Amazon server without a password late last month.

50°

Google Fiber building in Louisville despite lawsuit from AT&T and Charter

Google Fiber filing permit to begin construction in Louisville.

Read Full Story >>
arstechnica.com