Google made headlines last summer when he turned his first self-gigabit integrated Internet services available only to the lucky residents of Kansas City. While enthusiasts across the country continue to be envious of the 1.000 Mbps download and upload speeds that locals have enjoyed for more than six months, not everyone believes there is a market for this type of connection.
During a speech at the Conference of Morgan Stanley Technology today, Time Warner Cable CFO Irene Esteves downplayed the impact that Google Fiber is having on consumers. The executive said Time Warner was in the business of delivering what consumers want and stay a little ahead of what they think they want.
From now on, she said the company simply does not see the need to offer speeds similar to the average consumer. Residential customers have reportedly shown little interest in its top level Internet package. He noted, however, that already offer speeds of 1 gigabit for business customers – demonstrating at least they have the ability to do so.
That does not mean that Time Warner completely discarded the idea of offering similar speeds to residential customers in the future. Esteves said that if Google has applications that require such speeds and no need for it, they build their product base to deliver too.
Until then, it seems that Time Warner customers and virtually everyone else will have to make do with existing speed grades until there is a real need – or Google decides to expand to other cities.