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[ NNSquad ] Time Warner Cable CEO investor conference comments


>From dslreports.com:

http://www.dslreports.com/shownews/Time-Warner-Cable-Acknowledges-Debacle-102670

or http://tinyurl.com/lake3g

  Time Warner Cable Acknowledges 'Debacle'

  Though CEO says he still thinks metered billing will work...

  01:35PM Friday May 29 2009 by Karl Bode

  tags: business · bandwidth · Op/Ed · cable · RoadRunner Cable

  Speaking publicly on the issue for the first time since
  Time Warner Cable's PR disaster, CEO Glenn Britt admitted
  to attendees of a Sanford Berstein investor conference
  that efforts to hoist per-byte billing upon unwilling
  customers didn't uh, go very well....

Several interesting quotes, particularly this admission:

  Despite company claims, consumption-based pricing is aimed
  at monetizing the growing explosion in video delivery over
  the Internet, protecting TV revenues, and pleasing
  investors. "If, at an extreme, you could get all of the
  programming you get over cable for free on the Internet,
  over time people will stop buying (TV)," Britt told
  investors in a bit of candor that wasn't apparent in the
  company's communication with its customers.

					- Harold


  [ It should be clear by now to virtually everybody that the driving
    force behind bandwidth caps by ISPs who are also in the TV
    business is protection of their content channels.

    Other key grafs from the article:

         That would leave Time Warner Cable as just a dumb-pipe
	 bandwidth provider -- and that's the deepest, darkest fear of
	 any cable or phone company CEO. Carriers are terrified of a
	 future where they just provide high quality cheap bandwidth
	 and other companies make a killing from video, content, and
	 communications services.

         When the company suspended the trials, they announced they'd
	 release a usage meter for all customers. Like their DOCSIS
	 3.0 launches, the monitoring tools have so far been a no
	 show. We expect that Time Warner Cable is working on the
	 presentation of a new metered billing plan this summer that
	 they'll unveil this fall.

    -- Lauren Weinstein         
       NNSquad Moderator ]