Everyone is asking us about TV service. We need to pass at least 1,000 homes in Blacksburg with fiber before we think we will be able to offer a package of TV--which we absolutely want to do.
But we are also watching the death of cable TV and satellite services. A new report from Nielsen, the TV tracking firm, shows that 40% of American homes are streaming video over the Internet. This represents a 10% year to year increase. At that rate, there will be few subscribers left on cable and satellite in five more years.
But wait! There's more! The amount of TV being watched live, unsurprisingly, is also down, which makes sense. If you have a Netflix and Hulu subscription, why worry about watching something at a particular time?
What does it mean for Blacksburg? Fiber is going to be very important as more and more programming comes over the Internet. Fiber in a community is not just about economic development--it is also about quality of life, and young professionals want to live in a place with great connectivity, not old-fashioned copper networks. We want Blacksburg to have the world's best network---one that future-proofs your home and your neighborhood from obsolescence. Our fiber network, on the first day we connect your home, will have the capacity to handle HD video (5 meg per video stream), 4K video (10 Meg per video stream), and 8K video (25 Meg per video stream). It will also be able to handle any level of business class video conferencing that you might want to do from home--two way, three way, five way....need more participants? Our network can handle it. And if you want to connect to the Tech campus, it will be as if you are sitting in your office on campus...from home.