Happy 2018 from the Texas Cable Association! The flip of the calendar to a brand new year is a good time to review past accomplishments before setting goals for the next 12 months. And the cable association is no different.
The past year was a banner year for the cable industry – cable companies boosted internet speeds; pumped money into local, state and national economies; created jobs, including a focus on military veteran hiring; and rolled out innovations, just to name a few accomplishments. And subscribers benefitted.
If Santa was making a list and checking it twice as Christmas approached, he’d have quite an impressive tally of achievements by the cable industry that were the gifts that gave all year round for cable subscribers. Among them:
- Invested billions of dollars to update and expand broadband networks across the country, including launching gigabit services in hundreds of communities. In the most recent announcement, Charter Communications in December announced the launch of Spectrum Internet Gig in Texas to Austin and San Antonio.
- Expanded low cost broadband services designed to close the digital divide by providing eligible families and senior citizens with access to fast, high-quality internet connectivity at an affordable price. More families than ever – more than 1.25 million – are now connected to the internet thanks to these broadband adoption programs.
- Strengthened its commitment to provide skilled jobs to military veterans.
- Generated 151,527 direct and indirect jobs, employed 16,614 and had a total economic impact of $22.5 billion, according to a report released in early 2017.
- Continued to support local communities, but in Texas and other parts of the country enhanced that commitment during response to disasters such as Hurricane Harvey. From putting boots on the ground to restore service as quickly as possible to donating millions of dollars for relief, cable companies stepped up to the plate to serve their communities.
- Scored high in surveys measuring consumer satisfaction. A strong majority of consumers are satisfied with their home internet service when asked about speed, security and reliability, a December survey found.
- Reached new subscriber heights – with about two-thirds of broadband subscribers in the U.S., cable’s broadband market share reached its highest level in 13 years.
- Rolled out innovation after innovation throughout the year, from smart home advances to new features on TV remote controls (including voice remote controls) to wireless offerings to expanded parental controls to communications hubs to apps to enhance TV Everywhere offerings. Learn more about cable’s role as a leader in innovation.