Sounds like a reasonable argument. The outlay on Capital for upgrading networks for broadband and digital TV and VoD is just so high it's going to be hard to make ends meet. Any increase in interest rates from their all time lows is going to cost cable big time, like the run up previously helped the high tech bubble burst before it had time to mature. Bean counters saw no end to the interest rate increases so reined in spending causing the slowdown.
reply to Roger Rogers Yeah, the question is how good their economy is... they seem to do a lot of commercials for their different services. I hope they'll survive when the bubble bursts. -- I sent my Sympatico HSE in a box to London. Where did you send yours?