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.

This entry was posted in FTTH, MN, Vendors by Ann Treacy. Bookmark the permalink.

About Ann Treacy

Librarian who follows rural broadband in MN and good uses of new technology (blandinonbroadband.org), hosts a radio show on MN music (mostlyminnesota.com), supports people experiencing homelessness in Minnesota (elimstrongtowershelters.org) and helps with social justice issues through Women’s March MN.

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