If you need a laugh to end your Friday on then this story over at The Verge will probably do the trick. In it a Time Warner Cable executive responded to a question about Google's impressive broadband speeds on its new Kansas City broadband fiber network by saying that its customers don't want the blazingly fast speeds that a gigabit internet could provide. Wait, what?
Speaking at the Morgan Stanley Technology Conference Time Warner Cable's Chief Financial Officer Irene Esteves said:
"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."
Esteves also said residential customers have shown little interest in TWC's top internet tiers. "A very small fraction of our customer base" ultimately choose those options, she said.
"If Google finds the magic pill and finds applications that require that and develops a need for it, well terrific," she said. "We would build our product base in order to deliver that."
You just can't make this stuff up.
Source: The Verge by way of Andrew Eisen.