Earlier this week, when Qwest Communications CEO Edward Mueller told the investment community that the telco would not offer IPTV over its fiber-to-the-node network, we thought we'd be hearing more about what Qwest would do. As it turns out, the answer is more of the same, and not anything too drastic. Mueller said the company will stick to ongoing cost-cutting measures and customer service improvements, but observers who thought Qwest might sell parts of the company or take other drastic measures were left unfulfilled.
Still, there's nothing wrong with cutting costs and boosting bandwidth via FTTN to support existing applications. As Mueller pointed out, supporting existing gaming applications with better bandwidth is already a more certain bet than TV services.
- see this story in MarketWatch
Qwest last week pleased many investors when it declared a dividend