Time Warner Cable executive claims consumers don’t want gigabit Internet

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Consumers have lined up for the gigabit speeds of Google’s high-speed Internet service, unfortunately it is only offered in Kansas City. The company has teased expanding the service to additional markets, but until then consumers are forced to rely on traditional cable companies for less than stellar speeds. Despite the success of Google Fiber, Time Warner Cable’s (TWC) chief financial officer Irene Esteves claimed consumers don’t want breakneck Internet speeds. “We’re in the business of delivering what consumers want, and to stay a little ahead of what we think they will want,” the executive said while speaking at the Morgan Stanley Technology Conference on Wednesday, according to The Verge. “We just don’t see the need of delivering [Google Fiber speeds]

 

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