Does Qwest hear broadband competition drawing closer? Now upgrading to 20MBPS FTTN

Qwest’s quarterly results show broadband growth slowing, and they are facing growing competition in many markets. Qwest management just may “get it” announcing a major upgrade to their infrastructure - for at least a few customers. Is this by itself enough cure the slowdown? Probably not.

“As we look to the future we’re convinced that increased bandwidth to our customers is critical for long term success,” insists Mueller (obvious statement of the week). “We’re happy to announce that our board has approved the expansion of our fiber to the node plan.”

The CEO notes they’ll spend between $70-100 million on FTTN this year and another $200 million next year. “We really believe that this is the responsible way to get our bandwidth to our customers,” insists Mueller. Considering Qwest serves around 10 million customers, it’s responsible, but not particularly ambitious. (from Broadband reports)