The FCC’s Chairman Julius Genachoski may have challenged the U.S. to his “Gigabit City Challenge,” which he’s hoping would spark at least one community in every state to offer gigabit Internet, but according to Time Warner Cable, it’s completely unnecessary.
According to Time Warner Cable’s CFO Irene Esteves who spoke at the Morgan Stanley Technology, Media and Telecom Conference, TWC doesn’t believe gigabit Internet is something its customers want. “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 to comment on the Internet speeds Google Fiber is capable of providing. “We just don’t see the need of delivering that to consumers.” (more…)
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