Chairman Pai Remarks at the American Cable Association Annual Summit

I think it’s worth looking back to 1993 to appreciate how remarkable it is that American Cable Association has, in fact, stood the test of time. Back then, you were in the video delivery business. The technology that looked like the biggest disrupter from your perspective was the introduction of new satellite TV services. But we now know that the public introduction of the World Wide Web in 1993 would prove to be the biggest game-changer.The key for ACA was (and is) that your members have embraced this change. But that wasn’t a given. After a while, established companies can get tunnel vision and focus on their current, successful business model. They can miss out on the next wave of innovation and get left behind by new competitors. But small cable companies looked at Internet access being delivered over telephone lines and saw the future. Ever since, your members have been on the lookout for the new, new thing.