The broadband apocalypse is not near
Charter Communications’ dismal Q3 broadband subscriber performance — it missed analysts’ consensus growth estimates by nearly 30 percent — may seem like the harbinger of bad things to come, but influential analyst Craig Moffett believes that the real culprit in the slowdown may be sluggish household formation. Moffett said that while the quick reaction is that the growth phase has ended for cable’s most important product, he believes it is tied to declining new household formation.
