Cox Plans Faster Internet to Challenge Google

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April 30 (Bloomberg) -- Cox Communications Inc., the third-largest U.S. cable company, plans to start offering much faster broadband service to residential customers this year as entertainment increasingly becomes delivered over the Internet. CEO Pat Esser speaks on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)

Dragging down stocks as well.

On the markets again in 30 minutes.

Now, a bloomberg exclusive.

The company classes third-largest cable provider said this year it will roll out faster broadband to consumers.

The kind of reserved for offices.

All of this challenging companies like at&t and google.

A first on bloomberg television interview at the cable show in l.a.. let me give you a sneak peek on something we are working on right now.

Broadband business services a moment ago, delivering give -- gigabytes beats has always been a priority.

We have delivered gigabytes to commercial customers around the country.

We are around the residential side of the business.

I am talking about a plan over time as all of our customers and all of our markers have residential development.

We are excited and it is great for our local communities and over the next two or three weeks, -- what was behind this thinking?

It is always been a part of our roadmap.

We are probably a little too humble.

It is time to show our roadmap with our customers.

Qwest what do you mean, too humble?

We are more about our values and what is important to our customers and employees and our local communities and we do not always spend a timeout in a press laying out what we will do five years from now.

We just try to focus on what we are doing and what we will do.

Qwest why roll this out now you know why the out there more now?

It is a marketplace where people make a lot of noise and we want people to hundred and what our roadmap this.

Qwest you will be revealing which markets you will roll this out in.

Were you hearing from residential customers, that they were demanding faster speeds?

We hear from customers they want more speed and they want more capacity over time.

We have been doing that and it is nothing new in 2014, we have been increasing feed.

We offer five different tiers in the market.

We want to make sure customers have a choice in the market is him -- market.

I do not know if i in the first out of the gate.

That was pat astin.

We will have much more on our exclusive interview in the next hour, where he talks about activity in the cable industry.

In the meantime, a look at bloomberg top headlines, twitter shares are hitting a new -- record low.

Membership reached 255 million

This text has been automatically generated. It may not be 100% accurate.

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