They are taking a hit and are now heavily in debt. But cable providers have got to position themselves this way for the future, in terms of providing broadband services for the payback several years down the road, ... If they don't, they will be run over by the satellite vendors, video over DSL vendors, and fixed wireless.
More Quotes from Mike Paxton:
As a community they have rallied together. It has not been one church, one organization, but it's been every church represented.Mike Paxton
The fact that we are three years into the broadband revolution and cable still has a substantial lead says something.
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If you look at VOD numbers overall, ... most users are generally satisfied with VOD, but they're not paying in large numbers to get additional content.
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There are several reasons behind the rapid growth in worldwide broadband subscribers.
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Cable is not really growing at all. It's seeing roughly 15 to 20 percent growth in terms of upgrades to digital cable, but net total growth for the industry will probably be down 2 to 3 percent in 2004.
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