You're not. These studies draw an arbitrary line for what counts as broadband. And they typically ignore wireless and satellite options. Most people will have a cable, a DSL, and several wireless options.
The profit margin of the large cable companies reflect that. They're pretty much middle of the pack for the S&P 500. It's a capital intensive and relatively low margin business.
Look at Google Fiber. They had cities falling over themselves to get it and huge consumer demand. Ultimately they abandoned it because it doesn't make enough money.
The profit margin of the large cable companies reflect that. They're pretty much middle of the pack for the S&P 500. It's a capital intensive and relatively low margin business.
Look at Google Fiber. They had cities falling over themselves to get it and huge consumer demand. Ultimately they abandoned it because it doesn't make enough money.