Windstream to Slow Broadband Expansion
CEO Admits Limited Competition Makes Upgrades Optional
Windstream CEO Jeff Gardner told investors last week that the company will be slowing down broadband expansion
as 2013 rolls forward. After a recent modest expansion, some Windstream customers can get speeds up to 24 Mbps if they're lucky
, but huge swaths of the company's footprint remain stuck on much slower DSL courtesy of no competition, something Gardner acknowledged to investors.
"Our residential customers remain concentrated in very rural areas where there is less competition, which has contributed to a more stable consumer business," Gardner admitted.
Keep in mind, this slow down in expansion comes as Windstream is busy lobbying for a new bill in Georgia that would prohibit any town or city from deploying broadband if just one person in a census zip code can get 1.5 Mbps DSL
. In other words, Windstream won't upgrade you -- but they won't let you
upgrade yourself, either.
There's a significant swath of these kinds of markets all across the country, where a lazy regional phone monopoly considers a $45-$75 (if bundled with phone) 1.5 Mbps DSL line the pinnacle of modern connectivity, while using regulatory capture to literally write anti-competitive state laws. They're exactly the sort of places that hired industry pundits like to pretend don't exist