Cable, wireless want to be your media
The cable and wireless industries are both putting on trade shows today, with wireless leading a more popular event with about 30,000 attendees. Jennifer Collins explores the differences between the two industries and where they take risks.
People leaving the Time Warner Center in New York City. (Chris Hondros/Getty Images)
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Steve Chiotakis: There are technological trade shows getting underway today. While a couple thousand miles separate the cable and wireless industries shows, they do have a bit in common. They're both in a battle over how you get your media. Here's Marketplace's Jennifer Collins.
Jennifer Collins: The National Cable and Telecommunications Association is expecting about 10,000 people in Washington. The cellular telecommunications and Internet association -- we'll call that one the wireless event -- is expecting more than 30,000, and they're meeting in Vegas.
Telecom analyst Jimmy Schaeffler says location is metaphor:
Jimmy Schaeffler: The wireless guys are probably ahead of the game in terms of new innovation and risk-taking. The cable industry tends to be a little bit more reticent to take risk.
The two industries are competing over who will deliver digital services like voice, video and broadband. Cable's trying to hang onto customers who've been going wireless.
Brian Dietz is with the group putting on the cable conference:
Brian Dietz: Many cable companies are looking at mobile as a potential way to assist consumers in taking their content outside the home.
For instance, Time Warner's launching TV Everywhere, a paid service that delivers cable shows online or to mobile devices.
I'm Jennifer Collins for Marketplace.
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