Cable industry has invested over US$200 billion in development since the mid-1990’s

At the opening session of The Cable Show 2013, Michael Powell, president & CEO of NCTA, underscored the important role cable has played in the development of broadband.“Americans spend a lot of time with our product and they get a lot for their money and cable is an innovation tear, expanding the video experience to any screen you want, any time you want and anywhere you want. But cable is more than just great TV. It is the conduit of our future. Cable is a significant innovation in its own right but it is also an important contributor to another innovation: the Internet. The Internet is heralded as the greatest innovation of our time and it is. The power of the people has never been greater thanks to this amazing interconnection of networks that cable proudly delivers to millions” said Powell during his presentation.He pointed out the cable industry has invested over US$200 billion in development since the mid-1990’s. “Today’s cable caters to over 50 million broadband customers. We’ve worked hard to reach almost everyone. We serve 93% of U.S. homes, and increased broadband speeds more than 1,500% in a decade,” added Powell.Powell added today cable networks capable to deliver 100mbp or more are available to 85% of all households. “This is an achievement envy it all around the world”.