Time Warner Cable CEO to Step Down
Metered Billing Champion Frequently Tone Deaf
According to the Wall Street Journal
, Time Warner Cable CEO Glenn Britt will step down at the end of the year, with company CFO Rob Marcus the leading internal candidate to replace him. The news comes as Time Warner Cable's earnings this week highlight a continued loss of basic video customers, and a lower-than-expected growth in broadband customers.
Britt's legacy, at least among consumers and consumer advocates, has been one of tone deafness. The CEO was at the heart of Time Warner Cable's ill-fated effort to impose low caps and high overages
on users, which involved insisting the Internet would face "brown outs" if the company couldn't charge more for usage, then failing utterly to seemingly learn much from the massive customer backlash that followed.
While busy pushing for more punitive rates, Time Warner Cable under Britt's leadership has been a company that has lagged behind other cable operators in terms of delivering next-generation speeds. While companies like Comcast, Cox and Charter have started offering 100 Mbps tiers and beyond (in Comcast's case 300 Mbps), Time Warner Cable has found itself barely able to offer 50 Mbps in most markets.
Time Warner Cable is refusing to comment on the report, only going so far as to state Britt is currently under contract.
Re: let's party Sure would be nice to see some speed increases like Cox just announced as well as some decreases in what we are paying. TWC is so reluctant to give us anymore than 5 on the upload.
50 down and 10 up for what im paying for extreme here on TWC
Advanced notice of departure Let's see the execuse-generator:
-spend more time with family (before they catch my larceny)
-other ventures (more pay, same BS)
-will stay on until replacement found (with similar greed)
-sexually harassed employee threatening suit so time to bail and use that Golden Parachute (1 yr left for contractual stock options to mature)
·Time Warner Cable
One idiot gone, lesse if the bean counter will do.. invest money to make money...i dont mean buy the rights to some series or spend $50 million on mrketng. SPend it on infrastructure. I just came off of FIOS...if TWC could upgrade enough to do what half of FIOS can do...theyd make a to of money. People dont mind ponying up if the service was worth it.
Will anything improve? Sadly, this doesn't mean much of anything will change... Hopefully it will though.
New Boss. Same as the old boss. I think this applies. Maybe not on the fatter part. I can't say I've seen the CFO in person.
Re: New Boss. Same as the old boss. and also demands one of your kids
Re: New Boss. Same as the old boss. Hopefully for you folks, the new boss isn't as bad as the old boss like it has turned out to be for Charter!
New boss for Charter is trying his best to make Charter file bankruptcy again, I do believe. He is a total moron!!
The Firefox alternative.
MEMO: GIGABIT INTERNET IS NOT A GIMMICK OR PARLOR TRICK FOR RESIDENTIAL CUSTOMERS, IT IS 21ST CENTURY!!
More rate hikes looming, worse tech support upcomming the next CEO is going to do what,,,,they dont work for the company/consumer they work and answer to the investor to gain as much profit as possible, they only manage said company..
but content providers are the ones in great danger right now which btw are going to start cutting less profitable channels and very soon i might add. recent and continued rate hikes have passed what the avg American is willing to pay thus the cord cutting!
it is going to be a very interesting 5 years for sure for all cable co and content providers