Cablevision Not Going to Compete in 'Speed Contests'
There was a point in time when Cablevision was the cutting edge of broadband speeds, offering tiers unheard of at other ISPs. These days, Cablevision pretty content to simply raise rates right alongside their closer competitor Verizon FiOS
, without matching any of Verizon's faster speeds. Speaking to investors and analysts on when or if the company plans to hike speed tiers to match Verizon's recent fully symmetrical broadband offerings
, Cablevision engineering exec Wilt Hildenbrand stated that the company doesn't intend to get caught up in "speed contests"
“We currently do 35 [Mbps upstream on the company's most expensive tier]. We can go higher than that,” Wilt Hildenbrand, Cablevision’s long-time engineering exec and currently serving as a senior advisor, said. “Right now, we’re not going to chase that dog around the track of speed contests, but we have some bullets left in the gun."
That may include waiting for DOCSIS 3.1, which should provide a little more legroom on the upstream side of the equation.
hmm They don't have to compete on speed as long as they compete on price. IF they make the 115/35 tier cheaper then they can get back some customers .
They also have the optimumwifi which they said gets a lot of use. Until Verizon and att go back to unlimited wireless data optimum wifi will be a big plus to a lot of people. Something Verizon doesn't have.
said by majortom1029:Problem is CV is doing neither & that is why they are losing some internet subscribers. 9,000 net loss this past quarter alone compared to 1,000 gain the year prior in the same quarter.
They don't have to compete on speed as long as they compete on price.
Interesting article in today's WSJ for those that have access to it: »online.wsj.com/articles/heard-on···07273466
said by majortom1029:Per the WSJ article I linked, no that are not price matching when it comes to triple play. And it is the reason they lost video, internet and phone subs:
Yes they are. Fios is $49.99 a month for the first year, cablevision is $39.95 for the first year. in the second year fios goes to $69.99 a month and cablevision goes to $49.95 a month for the second year.
That's for each services base package straight from their website.
"Cablevision chalked up the decline to a $70-a-month triple-play offer by FiOS. Cablevision, by contrast, has opted to hold the line on pricing. Average revenue per user was higher than expected in the quarter thanks to that discipline and recent broadband and video price increases. Operating margins rose smartly from a year earlier."
From Zacks.com, »www.zacks.com/stock/news/142741/···her-arpu
"In the reported quarter, the company lost 28,000 video subscribers, 9,000 high-speed data subscribers and 7,000 voice subscribers."
IMO they better start competing on price or they will continue to bleed customers, unless they want higher profit margins with less subs. Considering Wilt says they are not responding speed wise at the moment, they may want to start on price, especially on the triple play.
| I don't see CV offering 15/5 as standalone for under $40 anymore. Feel free to post some ads. Base price for standalone is $49 - $59 range. $60 - $70 for Verizon (25/25)|
BTW, I think talk is talk.. If CV loses lots of customers over symmetrical, of course they are obligated to do something (offer docsis 3.1 speeds finally and/or cut prices). I don't think a few thousand more WIFI hotspots are going to do the trick. They decided to upgrade 50mbit subs to 101mbits for a reason.. and it wasn't to fatten the bottom line (retention), that's for sure.
What CV did with the upgrade was offer it for free in a customer's price lock period and then jack up the rate by as much as $20. This is what likely future upgrades will entail. However, when customers see their prices go up, they will be knocking on the competitor's door to see if they have a better price. What's Verizon going to say? No!?Customers tend to look at price first, and QOS second (with SOME exceptions for really bad experiences) at least in broadband. You can bet that how customers have been prevented from streaming video could factor into the choice made too (or whether you were one of the LAST on the list to get the upgrades, pfft!).
BTW, buried in the fine print, after 25 months, regular ool balloons to $59.95:
Offer for new residential customers subscribing to Optimum Online only. 1 modem/router per household. As of the 13th month Optimum Online will be billed at $49.95. As of the 25th month, Optimum Online will be billed at regular rate of $59.95. Install fee applies for professional installation.
CableLabs' new Low Latency Initiative BTW - At the end of that Multichannel News article that's referenced (»www.multichannel.com/blog/baumin···r/383005), it talks about CableLabs' new low latency initiative:
But perhaps theres too much of a focus on raw speeds and the focus on megabits and gigabits. An initiative underway at CableLabs is lavishing some attention on milliseconds.
CableLabs is exploring the implementation of Active Queue Management (AQM), a technology thats designed to reduce latency, buffering and packet loss elements that can improve the overall performance of DOCSIS-delivered broadband services. Posting big speeds will always provide grist for the marketing people, but CableLabs believes that an additional focus on latency can juice up the performance of broadband-fueled multiplayer gaming, video conferencing, video streaming and even the simple task of loading Web pages.
The implementation of AQM could have a dramatic impact on the user experience, Dan Rice, CableLabs senior vice president of network technologies, said in a recent interview
CableLabs has amended DOCSIS 3.0 with a recommendation that AQM be added to existing gear, via a firmware upgrade if possible, and has mandated AQM in DOCSIS 3.1 equipment both at the cable modem and at the cable modem termination system.
CableLabs has also posted a more thorough explanation of its exploration of AQM here: »www.cablelabs.com/how-docsis-3-1···agement/
Those who can, do. Those who cannot, well, they don't--that's just the way it is.
"...some bullets left in the gun." OK, then... plenty left to shoot yourself in the other foot.
Re: 13 Years
said by DAOWAce:The upload capping is actually why I left OOL in 2006. I am on FiOS now and my only gripe is the netflix issues sadly.
They were one of the fastest ISPs in the US back in the past..
But they also capped your service if you so much used your provided upload for more than 5 minutes.
Eventually that stopped, but their speed edge also waned as well. Now other providers offer faster speeds, lower latency and high reliability; at least as far as my area is concerned.
I'd jump over to FiOS if I could, but they haven't wired down my street despite being near here for over 3 years. Really unfortunate.