CenturyLink must expand fiber to ward off Google Fiber, cable competitors, says Wells Fargo

in Broadband's Impact by

CenturyLink (NYSE: CTL) will need to continue to expanding its fiber networks to serve a mix of residential and business customers as it faces growing threats from upstart providers like Google Fiber (NASDAQ: GOOG) and cable operators like Comcast (NASDAQ: CMCSA) and Charter Communications (NASDAQ: CHTR) building out into new areas.

Jennifer Fritzsche, senior analyst for telecommunications services at Wells Fargo, said in a research note that CenturyLink will face two scenarios: proactively build out fiber or work to satisfy the growing needs of its special access competitor customers.

Sourced through Scoop.it from: www.fiercetelecom.com

Only one word: competition, competition, competition

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