Google Fiber TV Subs ‘Astonishingly Low’: Analyst | Multichannel

 

By: Jeff Baumgartner

 

Google Fiber’s ambitions have drawn both bearish and bullish views from analysts, but new data from the U.S. Copyright Office shows that the initiative is not yet setting the world on fire, at least with respect to the number of video customers who have signed on so far. 

Google Fiber ended 2015 with just north of 53,000 video subs, according to a blog post from MoffettNathanson analyst Craig Moffett that pointed to fresh data from the U.S. Copyright Office.

The number’s a bit of a mixed bag. In Moffett’s view, Google Fiber’s rate of video growth is strong, but should be stronger.  Continue reading