Suddenlink today announced it has begun offering its new High-Speed Internet 30.0 service in Snyder and Sweetwater, featuring a download speed up to 30 Megabits per second (Mbps), the fastest residential service in the area.
The Texas Public Policy Foundation recently issued a report to Texas legislators that highlighted key issues impacting our state. Regarding telecom, the report states that “Texas has been one step ahead of the rest of the country in telecommunications… However, there is still room for improvement. Texas consumers are particularly burdened with high tax rates on telecommunications services….Cable video customers paid an average of $5.90 per month, or 14.33% of an average monthly bill.”
During the interim the Texas cable industry has been working with Texas policymakers to address our state’s burdensome telecom taxes and we look forward to continuing this effort during the legislative session.
New report from comScore, “State of the U.S. Online Retail Economy Q3 2012”, found that online retail spending in Q3 reached $41.9 billion, up +15% YoY. This represents the 12th consecutive quarter of positive YoY growth and the 8th consecutive quarter of double-digit growth. Other highlights from the report include:
- A channel shift to online appears to be continuing, with online sales increasing by +15% in Q3, while on a comparable category basis, offline sales increased +2%.
- Mobile commerce accounted for 10% of all retail e-commerce sales in Q3
- A top-performing online product category was “Consumer Electronics”, driven by a +27% sales growth for mobile phones and a +12% sales growth for TV’s. Additionally, “Computer/Peripherals/PDA” sales were driven by growth in Tablet sales at +20% and desktop computers at +8%.
- 37% of U.S. consumers say they have engaged in “showrooming” behavior where they use a smartphone while in a retail store to check prices or to even purchase a product online. This represents an increase of +5 percentage points in the past two quarters.
- Despite a slow-moving economic recovery there has been marked improvement in consumer sentiment in the past quarter, although many consumers still remain challenged by economic conditions. 48% of U.S. consumers now rate the economy as ‘poor’ an +8-percentage point improvement vs. the prior quarter and the most improvement since early 2009 (following the worst of the economic downturn).
Why This Matters: The Q3 growth rate of 15% growth remained in line with the prior quarter and provided confirmation of the strength in the e-commerce sector, despite a few negative headwinds in the macroeconomic environment during the quarter. Such performance offers some optimism as we approach the holiday season, especially given recent improvements in consumer sentiment. With the housing market beginning to show signs of recovery in addition to increasing and job growth, there appears to be strong enough traction to support a very healthy online holiday shopping season.
Information provided by Scott Meador, Senior Director, Predictive Analytics, Time Warner Cable, West Region
Texas cable providers are proud to support the Texas Preservation Board and the sale of the 2012 Capitol Ornament. All proceeds support Capitol preservation and education projects.
The 2012 Texas Capitol Ornament showcases the fence finial that surrounds our 22-acres that we call the Capitol Grounds. This year’s ornament features the historic wrought-iron and cast-iron fencing, installed by 1890. The 2012 Ornament uniquely features Texas’ Lone Star motif, depicted in the finials, which feature a gold star atop stylized black leaves. Our seventeenth ornament in the series, Finished in 24k gold and presented in a handsome velour-lined gift box.
Texas cable operators have organized special events in several communities throughout Texas as part HISTORY’s Take a Veteran to School Day annual outreach initiative in honor of Veterans Day. Several cable providers also are holding internal events to recognize their employee veterans through HISTORY’s Thank a Veteran at Work program.
To celebrate Veteran’s Day, Suddenlink is serving refreshments and distributing poppies to Veterans who stop by the Suddenlink store in Bryan Nov. 5-9. The poppies, donated by Brazos County VFW Post 4692, are inspired by the World War One poem “In Flanders Field,” by John McCrae.
State Representative Walter “Four” Price and Amarillo Mayor Paul Harpole will join students and faculty members in honoring hometown heroes at a Take a Veteran to School Day program at Amarillo’s Austin Middle School, Wednesday, Nov. 7. The Take a Veteran to School Day project is part of a national initiative by the History Channel and Suddenlink Communications, which provides cable services in Amarillo. A formal program will be presented at an assembly in the school auditorium, followed by lunch in the gym.
Texas Cable Operators are Participating in History Channel’s “Take a Vet to School” Program to Link Texas Students with Veterans
Take a Veteran to School Day is a national program developed by HISTORY to link veterans with students nationwide on or around Veterans Day. Schools and communities invite veterans of all backgrounds to share their stories and receive thanks for their service.