Cable vs. Wireless: Guess Which Is Growing Faster?
It’s almost impossible to believe, but there it is: the cable industry is actually outgrowing the wireless sector.
This stunning factoid comes courtesy of the latest Weekend Media Blast piece from Bernstein Research analyst Craig Moffett. He notes that in the U.S. wireless industry, subscriber growth over the last 12 months is up 5.3 percent, but revenue per subscriber is down 1.7 percent, producing just 3.6 percent revenue growth. The cable industry, by contrast, grew revenue per sub 4.1 percent over the same time period; combined with modest sub growth and you get industry growth of 5.3 percent.
Moffett says there are a number of reasons for this, not the least of which is that the wireless market is much, much more competitive.