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TWC: Broadband Becoming 'Anchor Service'

Today's cable roundup kicks off with a comment that's sure to fan the cord-cutting flames.

  • Video subscriptions still make up 56 percent of Time Warner Cable Inc. (NYSE: TWC)'s revenues, but broadband "clearly is becoming the anchor service," MSO CEO Glenn Britt told The Wall Street Journal. "Clearly the relative importance of the video business has declined over time." His comments come after the MSO lost 128,000 video subscribers (giving it a total of 12 million) and added 54,000 broadband subscribers (extending that total to 9.7 million) in the second quarter. (See Q2 Video Scorecard: Cable, Satellite Get Creamed .)

  • Comcast Corp. (Nasdaq: CMCSA, CMCSK) has launched its Xfinity Mobile app for BlackBerry devices, following earlier introductions on gear running Android and Apple Inc. (Nasdaq: AAPL) iOS. In addition to providing access to email and voice mail, the app also lets subs manage their DVR remotely.

  • Verizon Communications Inc. (NYSE: VZ) tells The New York Times there have been 143 acts of sabotage to its facilities in the midst of the strike of unionized wireline workers out east. And, in a twist of irony, New York City Mayor Michael Bloomberg has okayed the use of unionized anti-terror units to monitor the strikers, reports WSBT. (See Verizon Strike Gets Uglier.)

  • Count the American Cable Association (ACA) among the groups concerned about Google (Nasdaq: GOOG)'s $12.5 billion run at Motorola Mobility LLC . ACA President and CEO Matthew Polka says he wants "assurances from Google that it is both committed to the cable business model and won't use its market power to run roughshod over smaller cable operators." (See Google Buying Moto Mobility for $12.5B and Will Google Droid Up the Set-Top Box? )

  • Cable boxes have many uses, but here's a new one: weapon. Denver's 7News reports that a tow truck driver trying to hook up an illegally parked car over the weekend got struck in the face with a set-top allegedly flung by the auto's owner, Bradley Henkle. No word yet on the set-top model, but given the cable market, it was probably a Motorola or Pace plc box.

  • Media Business Corp. posted this helpful map from American Roamer showing how Insight Communications Co. Inc. 's cable systems will fill in a few TW Cable doughnut holes. (See Time Warner Cable Splashes Out $3B for Insight and No Action for Insight's Auction.)



    — Jeff Baumgartner, Site Editor, Light Reading Cable

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    Jeff Baumgartner 12/5/2012 | 4:56:05 PM
    re: TWC: Broadband Becoming 'Anchor Service'

    Guess we'll have to see how that shakes out after the deal closes. JB

    Shamonger 12/5/2012 | 4:56:05 PM
    re: TWC: Broadband Becoming 'Anchor Service'

    Jeff,


    According to your sources, Seachange servers just got booted by Comcast and possibly by Verizon.  You also reported Time Warner consolidating its VOD server business with Cisco and Concurrent.  


    Insight is another Seachange customer.  With Time Warner acquiring Insight, will Seachange get booted again?  And who be the territorial beneficiary of such change, Cisco or Concurrent?   

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