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Time Warner: Broadband Becoming Cable TV's Anchor Product

Broadband is replacing TV as the cable industry's main product, Time Warner Cable chief executive Glenn Britt told an investor conference. As a result, Time Warner intends to sell more "single-play" broadband to people who may get video service from a satellite operator or another alternative.

Britt said that Time Warner Cable currently has more than 2 million broadband customers who don't subscribe to video service, and roughly half of those are commercial customers. The company, which has previously pushed its "triple play" package of broadband, cable and phone, has 12.3 million residential video customers and 9.5 million residential broadband customers.

Read the whole story at SmartMoney »

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