This may or may not (lean towards may) have implications for the U.S. cable market, but word from our foreign cousins is that banks there think cable TV companies have a better chance of building a national broadband network than telcos.
According to Jeffrey Krogh, director of media and telecom finance at BNP Paribas, cable TV had several advantages over telcos: the infrastructure is already in the ground (most of it fiber) and there are deals with content providers in hand. Speaking at a roundtable discussion in London, Keogh said that banks would be "more patient" waiting for a return on their money if telcos would build next-generation fiber networks.
And for those with a wireless bent, he said an upgrade to LTE from 3G made less sense in densely populated areas than just putting in the fiber.
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