Verizon CEO Actually Recognizes That People Want To Cut The Cord

from the good-for-him dept

While many in the TV business were recently patting themselves on the back in pretending that TV had "beaten" the internet, and people weren't interested in dumping their expensive cable plans, at least some folks are recognizing where things are headed. Verizon CEO Ivan Seidenberg, who has always been more of a straight shooter than some other execs in the industry, is admitting the obvious:
"Young people are pretty smart. They're not going to pay for something they don't need to."
Such a simple sentence, and yet one that so many people are in denial about.

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  1. icon
    chris (profile), 29 Sep 2010 @ 9:55am

    Re: Re: lets see

    i tried that, but sadly the DSL service where i live was horribly slow. i watched all the TV and stuff that i wanted (bit torrent just don't care) but it was difficult for the whole family to play online games at the same time.

    so i canceled DSL and have cable now, but i took the highest connect speed and the lowest number of channels. i did this because i had no other choice.

    though, now that i have worked with the cable company's business service to get broadband for my hackerspace, i am wondering what it would take to get business service for myself at my house and not bother with cable television at all.

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