November 1, 2021 – Analysts have noticed a slowdown in internet subscription growth, telling stakeholders that further downturns are imminent.
Bloomberg News reported that Comcast and Charter Communications Inc. announced that the number of Internet subscribers had fallen this year, sparking speculation about market conditions and changing consumer priorities.
charter reported Friday that its estimates for new broadband subscribers were 25% lower. Its analysis estimated that the total number of new customers had returned to 2018 levels. Comcast on Thursday reported 300,000 new Internet customers for the year, less than half the number added in 2020.
Analysts say they expected demand to slow after 2020, a year when broadband subscriptions saw massive growth as American life shifted online.
Charter’s regression raises questions about “whether this is the beginning of the end of the cable broadband story,” said Gita Ranganathan, industry analyst at Bloomberg Intelligence. charter chief operating officer Chris Winfrey said “residential customer activity” was taking “longer than expected to return to normal levels. Analysts predict Charter will add 1.4 million subscribers this year.
Analysts are worried about lower consumer spending, lower levels and a downgrade in services. The companies also face competition from telcos like AT&T, which added nearly 300,000 fiber internet competitors last quarter.
Starlink goes to India
by Elon Musk Space Exploration Technologies Corp, or SpaceX, announced on Monday that it will bring its satellite internet service to rural communities in India.
The company’s Indian leader Sanjay Bhargava announcement that the company has established a subsidiary in India and will start broadband services in December 2022, subject to government approval.
Starlink is SpaceX’s low-Earth orbit venture designed to transmit high-speed internet from satellites orbiting Earth. Satellites, which hover lower on the Earth’s surface than traditional satellites to provide better connectivity, can bring broadband to remote areas where building infrastructure is difficult.
“At Starlink, we want to serve the underserved. We hope to work with other broadband providers, solution providers in ambitious districts to improve and save lives,” he said. job on LinkedIn. SpaceX plans to provide 100 Starlink hardware kits for free to rural Indian communities in the first phase.
In 2019, SpaceX launched a constellation of satellites into low Earth orbit to provide high-speed internet access to rural areas. Since then, the company has worked on its ambitions launch 30,000 satellites to connect the whole world.
Trump’s media company is all hip and insubstantial, reports say
It’s hard to justify the fever of the former president donald trumpDavid’s media business when looking at his current state, David Nicklaus wrote Monday for the St. Louis Post-Dispatch.
Asset announcement its new group Trump Media and Technology on October 20 and agreed to merge it with a public shell company, Digital World Acquisition Corp. website says he intends to “compete with the liberal media consortium” and “retaliate against Silicon Valley ‘Big Tech’ companies, which have used their one-sided power to silence opposing voices in America”.
The company said it intended to compete with Twitter and Facebook, which banned Trump after his remarks were linked to the riot on Capitol Hill in January; streaming services Netflix and Disney+ by offering “non-wok entertainment”; and cloud services from Amazon and Google.
After going public, the company’s shares jumped to $175, signaling enthusiasm for the company.
But Niklaus reports that the company hasn’t hired anyone with digital media experience or developed content for its services. He added that investors would need answers before investing money in the company.
“How are you going to offer your services to people? How are you going to get paid for it and how are you going to fund its growth? »
