Time Warner says there is no demand for residential gigabit Internet
What you do want is more reality tv shows, because they’re so cheap to produce, and data caps to keep you away from the evils of streaming. Oh, wait. That’s what Time Warner wants.
Google made headlines last summer when they powered up their first self-built gigabit Internet service available exclusively to lucky Kansas City residents. While enthusiasts around the country remain envious of the 1,000 Mbps download and upload speeds that locals have enjoyed for more than six months, not everyone believes there is a market for such a connection.
During a speech at the Morgan Stanley Technology Conference earlier today, Time Warner Cable chief financial officer Irene Esteves downplayed the impact that Google Fiber is having on consumers. The executive said Time Warner was in the business of delivering what consumers want as well as staying a little ahead of what they think they will want.
As of now, she said the company simply doesn’t see the need of delivering similar speeds to the average consumer. Residential customers reportedly have shown little interest in their top tier Internet package.