Malone: Broadband is behind investment in U.S. cable industry

07/22/2013 | Denver Post, The

Media titan John Malone's decision to take a 27% stake in Charter Communications was motivated in large part by the growth in cable broadband and its potential to ratchet up speeds by 10 times the current residential levels. Malone also believes cable broadband will mimic the mobile industry by basing data fees on consumption. "In prime time, about half of all the traffic on the Internet is Netflix or Amazon -- in other words, it's video," he said. "As that trend continues, the need for greater capacity on the local distribution of the Internet really favors cable, and our belief is that cable will be able to charge more for higher speeds and greater capacity."

View Full Article in:

Denver Post, The

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Sales Manager
mGage
Multiple Locations, SL_Multiple Locations
Product Marketing Manager-B2C
RetailMeNot
Austin, TX
Partner Manager
RetailMeNot
Austin, TX
Product Marketing Manager-B2B
RetailMeNot
Austin, TX
Account Director
RetailMeNot
Austin, TX