Skip to main content

U.S. Broadband: 2005 Year in Review

CNET reports progress during 2005 -- In the spring, SBC Communications (now AT&T) and Verizon Communications slashed their prices for DSL service to roughly $15 per month, putting broadband on par with traditionally less expensive dial-up pricing. The strategy worked as DSL providers gobbled up market share, narrowing the gap in market share between DSL and cable modem service.

Cable operators answered with ultra-fast service, especially in areas where Verizon has been marketing its own ultra-fast product, a fiber-to-the-home service called Fios, which supposedly scales to download speeds of 100mbps. Verizon plans to sell high-speed Internet access, voice service and TV programming over this network. In August 2005, Verizon launched TV service over Fios with its deployment in Keller, Texas.

Internet Protocol TV, which will allow for more interactive television viewing, also got some attention in 2005. Cisco Systems' $6.9 billion acquisition of set-top box maker Scientific-Atlanta is one sign that that market will move toward an IP-networked home, with the TV as the centerpiece.

The phone companies weren't the only ones looking for new services to bundle into packages. In November, cable companies Comcast, Time Warner, Cox Communications and Advance/Newhouse Communications announced that they are forming a $200 million joint venture with Sprint Nextel to offer customers wireless telephone service.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without