Genachowski: Broadband, driven by cable can help with economic recovery

CHICAGO - Two regulators--one present and one former--thrashed out a solution to a flagging economy: broadband.

FCC Chairman Julius Genachowski, in a keynote conversation with former FCC Chairman and now NCTA President-CEO Michael Powell, concluded that "broadband is an absolute key to helping us recover from the terrible economic situation of that last years" and helping to sustain new growth in the future."

That growth, Genachowski indicated, can be driven by an industry like cable which reaches 93 percent of the U.S.

"Cable," said Genachowski, "is one of the great American success stories. The fact that we start with this fat pipe that reaches 93 percent of the country gives us an advantages."

Related articles:
FCC's Genachowski stands by approach to broadband regulation
Genachowski reiterates fears of broadband spectrum crunch

Suggested Articles

YouTube TV’s price hike gives cable operators breathing room to run the next big TV race, which will be fought and won on the TV UX battleground.

Charter Communications said it will add five “Latino targeted TV networks” to its Spectrum TV lineup.

Among pay TV subscribers and broadband-only subscribers, YouTube and Netflix were among the favorite services featured in makeshift video bundles.