Time Warner Cable went on record today, announcing their intention to aggressively pursue the lucrative business telephony market. “This year will be what I call the launch year,” for business class service said Time Warner Cable Chief Operating Officer Landel Hobbs said at a Deutsche Bank investor conference. Cable MSOs may be feeling quite confident about there chances. They have demonstrated that they can take residential telephony market share from telcos, and they see no reason why they can’t carry that success forward into the more appealing business sector. Truth be told, their march to the business sector will be much more challenging. Telcos have significant advantages, including far more infrastructure reach and long established relationships (with contractual agreements to match). That being said, no one should underestimate the cable industry’ resolve. There’s simply too much money at stake – $100 billion by some estimates.
Check out this Reuter’s post for more insight.