In one of the top good news/bad news stories for cable so far in 2011, over-the-top content competitor Netflix (Nasdaq: NFLX) has said that cable operators offer the best networks to receive its service.
Charter Communications (Nasdaq: CHTR) tops the list in terms of delivery performance, followed by Comcast (Nasdaq: CMCSA), Time Warner Cable (NYSE: TWC-WI), Cox Communications, Suddenlink and Cable One.
The good news is that cable is recognized for its broadband prowess; the bad news is it's by a company that wants to use that prowess for its own gains.
If you're wondering, Verizon (NYSE: VZ) and AT&T (NYSE: T) just missed the list. The two telcos clocked speeds of 2 to 2.2 Mbps compared to cable's 2.3 to 2.7 Mbps. Clearwire (Nasdaq: CLWR), Frontier (NYSE: FTR) and CenturyLink (NYSE: CTL) came in at 1.4 to 1.6 Mbps.
For more:
- see this Netflix blog post
- the Los Angeles Times has this story
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