Qwest Won’t Invest

Thanks to the Baller Herbst list for sending out word on the Broadband Reports article on Qwest.

The very quick take on it is – Qwest is not interested in FTTH. Here’s the big quote:

It’s too expensive. We don’t see the return.

It seems a little shortsighted to me especially since they recently reported that income rose to $366 million from $194 million a year earlier. In fairness, the same article claimed that“Qwest’s revenue slid 1.5 percent to $3.4 billion, and CEO Ed Mueller said the company experienced a “tough December in retail.”

But there’s the news on Qwest.