part 2
FABER: ALRIGHT, BUT NOW YOU HAVE TO GO TOE-TO-TOE WITH VERIZON'S FIOS, AS YOU SAID, IT IS A LITTLE MORE COMPETITIVE HERE THAN PERHAPS SOME OF THE SUDDENLINK MARKETS. WHAT ABOUT SKINNY BUNDLES? THE INTRODUCTION OF PACKAGES THAT MIGHT APPEAL TO PEOPLE WHO DON'T WANT TO BE PAYING FOR AS MUCH THAT THEY DON'T NEED.
GOEI: WELL, WE'RE VERY FOCUSED ON TRYING TO ADAPT OURSELVES TO WHAT OUR CUSTOMERS WANT, WHICH INCLUDES SKINNY BUNDLES IN MANY RESPECTS. I THINK YOU KNOW THERE'S A COMPLEXITY IN THIS MARKET, WHICH WE ARE JUST LEARNING ABOUT AND GETTING UP TO SPEED ABOUT, WHEN DEALING WITH VARIOUS CONTENT PROVIDERS. SO IT'S SOMETHING THAT WE'RE GOING TO WORK ON OVER THE NEXT SIX MONTHS TO REALLY UNDERSTAND HOW WE GET TO FROM A TO B AND RELATIVE TO RESPONDING TO CERTAIN OF OUR CUSTOMER NEEDS. SO IT'S REALLY ABOUT STRUCTURING.
FABER: DON'T YOU JUST BECOME – ALL OF YOU BECOME BIG BROADBAND COMPANIES EVENTUALLY? I MEAN, ISN'T THAT SORT OF – WE WERE HAVING THIS DISCUSSION EARLIER. ISN'T THAT THE KEY PRODUCT AND THAT WHAT YOU ALL – I MEAN, CHARTER CHANGED ITS NAME TO SPECTRUM.
GOEI: I THINK WE ARE MORE THAN OBVIOUSLY A BROADBAND PROVIDER. I THINK IT REALLY THINKS ABOUT – REALLY NEED TO THINK ABOUT OUR STRATEGIC DIRECTION GOING FORWARD. WE ARE FOCUSED ON THE CONTENT WORLD. WE DO BELIEVE THAT VIDEO IS A SUSTAINABLE BUSINESS.
FABER: BUT IT WILL BE DELIVERED, PERHAPS, THROUGH A STREAMING SERVICE THROUGH THE BROADBAND EVENTUALLY.
GOEI: MAYBE. ABSOLUTELY. DOESN'T MEAN WE WON'T HAVE REVENUES COMING FROM VIDEO SUBSCRIBERS. SO I THINK THAT'S ALL ABOUT HOW WE FIGURE OUT HOW TO WORK WITH THE CONTENT PROVIDERS IN THE MOST EFFICIENT AND FAIR WAY. AND THAT'S SOMETHING THAT WE'RE GOING TO BE FOCUSED ON HAVING THOSE DISCUSSIONS WITH THEM.
FABER: WELL, WE'LL BE WATCHING, OF COURSE, AS YOU DO THAT. BUT WE CERTAINLY APPRECIATE YOU UPDATING US TODAY. CONGRATS ON CLOSING THE DEAL.
GOEI: I REALLY APPRECIATE IT. THANK YOU VERY MUCH. THANKS, DAVID.
FABER: DEXTER GOEI HEAD OF U.S. OPERATIONS HERE FOR ALTICE.
About CNBC:
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD, CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 386 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms including: CNBC.com; CNBC PRO, the premium, integrated desktop/mobile service that provides live access to CNBC programming, exclusive video content and global market data and analysis; a suite of CNBC mobile products including the CNBC Apps for iOS, Android and Windows devices; and additional products such as the CNBC App for the Apple Watch and Apple TV.