Author Topic: CHTR - Charter Communications  (Read 293776 times)

rogermunibond

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 799
Re: CHTR - Charter Communications
« Reply #1100 on: November 26, 2019, 01:27:35 PM »
Scorpion - in my mind, AR/VR would be the killer app.  Or something even more futuristic like what was used to produce the Mandalorian...

For the Mandalorian, Disney and Lucasfilm through ILM used a virtual production set called Stagecraft.  One camera person goes to the site and shoots digital data and then they recreate the site with full parallax and perspective on a soundstage using OLED screens.

https://www.ilm.com/stagecraft/


glorysk87

  • Sr. Member
  • ****
  • Posts: 322
Re: CHTR - Charter Communications
« Reply #1101 on: November 26, 2019, 01:37:37 PM »
Sure we can disagree but I do feel compelled to respond to your points since you are seeming to attack not only my arguments but my character.  If you think Iím not worth your time, feel free to not respond.  I appreciate you being respectful although you clearly think Iím an idiot and maybe I am as I havenít admittedly worked 3 years on this. 

I was very careful to choose my words so that it would not come off as an attack on you. Apologies.

So maybe attack on character is a little harsh, but you may think Iím an idiot which is fair, but you were respectful.  I guess it was more the idiot part I felt I wanted to address as I felt you implied that I was getting my arguments from thin air (which sometimes is a bad habit of mine I admit), but in this case I think I felt I had sources (who could be wrong) but I wanted to put it out there that Iím not always just spouting nonsense.  You were entirely respectful though in my mind.

No, apologies again - I don't think you're an idiot. I do think you're wrong, but like I said, each is entitled to their own opinion/research/process/etc.  I appreciate you laying out your argument and the sources from which you got it. Now I say we clear the way for some discussion from others in the thread.

Jurgis

  • Hero Member
  • *****
  • Posts: 4667
    • Porfolio
Re: CHTR - Charter Communications
« Reply #1102 on: November 26, 2019, 03:28:35 PM »
Regarding killer app, it all depends on price. If I could get 1G/10G speeds at <$100 per month, I'd take them. (Currently I am paying something like $80 for 50M speed - US cable oligopoly sucks and must die painful death... or fund my retirement through outsized stock returns. 8) Yeah, I know value investors gonna suggest switching provider or calling and begging for discount every 12 months. Screw that. )

Being able to download 30-100G size game in couple of minutes is good enough killer app for me. I may not do this often, but when I do it, it sucks to wait couple hours.
« Last Edit: November 26, 2019, 03:30:36 PM by Jurgis »
"Before you can be rich, you must be poor." - Nef Anyo
--------------------------------------------------------------------
"American History X", "Milk", "The Insider", "Dirty Money", "LBJ"

CorpRaider

  • Hero Member
  • *****
  • Posts: 2222
    • The Corpraider
Re: CHTR - Charter Communications
« Reply #1103 on: November 26, 2019, 03:32:24 PM »
Guys, the killer app is always porn.  In this case VR porn.   Dur.

scorpioncapital

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 1834
    • scorpion capital
Re: CHTR - Charter Communications
« Reply #1104 on: November 27, 2019, 02:50:20 AM »
It's funny because often with even a 300Mbps connection I have a too old computer and my wifi router gets clogged up by neighbours or something so in the end things are kinda slow but through not much fault of the pipe itself. I wonder how many millions of customers are also having the same bottlenecks.
Is there a utility function of broadband, a kind of solution to the Petersburg paradox. Is it like wealth? Is there a number after which even in your wildest dreams you won't have much extra utility for? Or is it more like Moore's Law where apps and software just keeps bloating and expanding to suck up the available resources?

vince

  • Sr. Member
  • ****
  • Posts: 471
Re: CHTR - Charter Communications
« Reply #1105 on: November 27, 2019, 12:32:42 PM »
Sure we can disagree but I do feel compelled to respond to your points since you are seeming to attack not only my arguments but my character.  If you think Iím not worth your time, feel free to not respond.  I appreciate you being respectful although you clearly think Iím an idiot and maybe I am as I havenít admittedly worked 3 years on this. 

I was very careful to choose my words so that it would not come off as an attack on you. Apologies.

So maybe attack on character is a little harsh, but you may think Iím an idiot which is fair, but you were respectful.  I guess it was more the idiot part I felt I wanted to address as I felt you implied that I was getting my arguments from thin air (which sometimes is a bad habit of mine I admit), but in this case I think I felt I had sources (who could be wrong) but I wanted to put it out there that Iím not always just spouting nonsense.  You were entirely respectful though in my mind.

No, apologies again - I don't think you're an idiot. I do think you're wrong, but like I said, each is entitled to their own opinion/research/process/etc.  I appreciate you laying out your argument and the sources from which you got it. Now I say we clear the way for some discussion from others in the thread.

Glory, DTV (satellite) 8-9 years ago and then the cable industry after DTV was acquired have been by far my largest positions.  So I have been studying the industry for a long time, but with no professional office guidance or research resources.  But the knowledge gained from the research I have done is very consistent with your comments.  I would truly appreciate some more of your conclusions around the cable industry in general and Chtr specifically and also if you see anything I have posted that you don't agree with. I understand if you don't want to but it is great to have an industry professional chime in.

cameronfen

  • Hero Member
  • *****
  • Posts: 655
Re: CHTR - Charter Communications
« Reply #1106 on: November 28, 2019, 08:25:21 AM »
Sure we can disagree but I do feel compelled to respond to your points since you are seeming to attack not only my arguments but my character.  If you think Iím not worth your time, feel free to not respond.  I appreciate you being respectful although you clearly think Iím an idiot and maybe I am as I havenít admittedly worked 3 years on this. 
If it means anything, itís not just Vince.  I would like to hear too despite being somewhat adversarial. 

I was very careful to choose my words so that it would not come off as an attack on you. Apologies.

So maybe attack on character is a little harsh, but you may think Iím an idiot which is fair, but you were respectful.  I guess it was more the idiot part I felt I wanted to address as I felt you implied that I was getting my arguments from thin air (which sometimes is a bad habit of mine I admit), but in this case I think I felt I had sources (who could be wrong) but I wanted to put it out there that Iím not always just spouting nonsense.  You were entirely respectful though in my mind.

No, apologies again - I don't think you're an idiot. I do think you're wrong, but like I said, each is entitled to their own opinion/research/process/etc.  I appreciate you laying out your argument and the sources from which you got it. Now I say we clear the way for some discussion from others in the thread.

Glory, DTV (satellite) 8-9 years ago and then the cable industry after DTV was acquired have been by far my largest positions.  So I have been studying the industry for a long time, but with no professional office guidance or research resources.  But the knowledge gained from the research I have done is very consistent with your comments.  I would truly appreciate some more of your conclusions around the cable industry in general and Chtr specifically and also if you see anything I have posted that you don't agree with. I understand if you don't want to but it is great to have an industry professional chime in.

Sorry I donít know why my comment didnít go through (or was it modded out?) I would also be interested in hearing Gloryís research despite arguing with him or her.  I feel like it would be beneficial to learn from the research that has been done. 
« Last Edit: December 01, 2019, 01:36:56 PM by cameronfen »

Munger_Disciple

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 518
Re: CHTR - Charter Communications
« Reply #1107 on: December 01, 2019, 10:59:42 AM »
A good article on cable & 5G:

https://www.cnbc.com/2019/12/01/5g-broadband-is-a-threat-to-cable-companies-but-execs-arent-worried.html

I think Craig Moffett nailed it:

The bottom line, according to Craig Moffett, a telecommunications analyst at MoffettNathanson, is 5G simply wonít be a panacea for those looking to ditch their reliance on cable.

ďFor now, it looks like 5G wonít pose much of a threat to wired broadband,Ē said Moffett. ďCoverage is too limited to make the economics work when using high frequency spectrum, and capacity is too precious when using midband spectrum. That will change over time, perhaps, but the early fears that 5G would pose a direct competitive threat have abated dramatically as investors have come to understand 5Gís limitations.Ē


vince

  • Sr. Member
  • ****
  • Posts: 471
Re: CHTR - Charter Communications
« Reply #1108 on: December 02, 2019, 09:09:53 AM »
A good article on cable & 5G:

https://www.cnbc.com/2019/12/01/5g-broadband-is-a-threat-to-cable-companies-but-execs-arent-worried.html

I think Craig Moffett nailed it:

The bottom line, according to Craig Moffett, a telecommunications analyst at MoffettNathanson, is 5G simply wonít be a panacea for those looking to ditch their reliance on cable.

ďFor now, it looks like 5G wonít pose much of a threat to wired broadband,Ē said Moffett. ďCoverage is too limited to make the economics work when using high frequency spectrum, and capacity is too precious when using midband spectrum. That will change over time, perhaps, but the early fears that 5G would pose a direct competitive threat have abated dramatically as investors have come to understand 5Gís limitations.Ē


I love this quote by the Altice Ceo........ďWe are building fiber to home in the New York tri-state area now, in a region where we already have permits and local relationships. From when we announced we were doing that in 2017, it has taken us two years to get up and running before we could connect a single home. Thatís purely the permitting process in our backyard. But we were haggling with these communities one by one to lay more fiber. If it takes us two years to get up and running, imagine trying to hit the 50 top markets in the U.S. coming in without the relationships. Itís impossible.

Obviously we have to take into account his motivations and I'm sure many will just put aside what he says based on his biases but I think that would be a big mistake.  Because there are others that have faced these hurdles before and it's a big reason why the costs are so high and why cable is in the position they are in at the moment. Take a look at Liberty Global's Lightning efforts in the UK......WAY behind their original projections.  Also, in another part of the article it talks about how much Fiber is needed just to attempt 5G.  I can't imagine widespread 5G overbuilding unless they have a truly superior product and they are not even at that stage yet.  And to top that off, it's not like 5G is exclusive to telecoms......if they are having some success with it, nothing stops cable from putting in their own 5G infrastructure which will be way cheaper and way quicker.  I could be dead wrong but the idea of 5G doesn't strike me as an imminent threat, if it's a threat at all.
« Last Edit: December 02, 2019, 09:20:24 AM by vince »

BG2008

  • Hero Member
  • *****
  • Posts: 1118
Re: CHTR - Charter Communications
« Reply #1109 on: December 02, 2019, 09:54:00 AM »
Going on my soap box of how Cable is very similar to real estate.  Think about all the homeless problems in SF, LA, and NYC.  Frankly, the technology and ability is all there to build more housing.
 I mean we've literally been building houses for thousands of years.  There are houses built in Rome that are still standing today.  Think about it.  It's just bricks and mortar and voila, we will solve the homeless problem.  But does it get built?  I think a lot of investors and particularly tech investors think that you can just dig up the street and run wires.  Tell that to someone in the real estate business and they will get it immediately.  I had to negotiate for carpenters to lay 600 sqft of tiles for my boss at a Class B building.  600 sqft of tiles cost $7,000.  This was 10 years ago.  Plumbers in NYC make $500 to $600 a day.  We're likely talking about skilled labor who can climb up on utility poles and run power cords.  The neighbors hate these ugly 5G boxes.  I think this is why business that are 100% software based can scale very quickly.  But anything that requires zoning, permitting, and blue collar labor are a pain in the butt to pull off.   

Blue collar is the new white collar.  You can drown yourself in student loans and graduate into a $50,000 job in NYC doing pysch or office work or you can become an electrician and get paid over $100k and never go into debt.  Plus you will be making a living from 18 to 22 rather than getting hammered and accumulating debt.  Okay, enough of my old man rant.   

Legere stepping down is interesting.  He is about to pull off the T-Mobile and Sprint merger and now he's stepping down?  All that talk of 5G and etc.  But he's not staying on to execute.  Hmm.