Finance

5G broadband is a threat to cable companies but execs aren’t worried

0


T-Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce Subcommittee hearing in Washington, February 13, 2019.

Erin Scott | Reuters

For about the last two decades, the cable industry has been fueled by three revenue streams: cable television, landline phones and high-speed broadband.

Recently, though, cable’s prized triple play has started to erode. Fewer households need a landline. Millions of Americans are canceling cable TV, a trend poised to accelerate as new streaming products such as Disney+, Apple TV+ and HBO Max hit the market. Add it all up and cable companies are left with only one reliable product — high-speed Internet.

Investors don’t appear…



Source cnbc.com

4 ways to take the headache and hassle out of annoying holiday returns

Previous article

Festive and frivolous holiday hotel packages for the 2019 holidays

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Finance