Hahahaha hehhh. Sorry, I couldn’t help but laugh. I don’t know where, Time Warner Cable CFO, Irene Esteves, got her information when she said, “we’re in the business of delivering what consumers want, and to stay a little ahead of what we think they will want…we just don’t see the need of delivering that to consumers. We’re already delivering 1 gigabit, 10 gigabit-per-second to our business customers, so we certainly have the capability of doing it.”
See the problem is that us consumers don’t want gigabit internet from Time Warner Cable, Comcast, Verizon, Century Link or any other ISP at the price they want to charge. You can get gigabit internet from the business divisions from these companies, it’s MOE or Metro Over Ethernet or just Metro Ethernet. This will cost you thousands of dollars a month and if there is no fiber in your area you are looking at tens of thousands for installation.
So yes, Irene Esteves, there is no consumer demand at the price you want to charge. We want to pay $70/month for it like Google is charging. Google Fiber, I need you in my life. Please…
[via The Verge]