Each year the RealtyCom home office team tours some of our client’s properties to see firsthand the outstanding communities our clients own and manage. This year the focus was on touring newly constructed communities to see firsthand the complexity of the telecom installations. A BIG thanks to Mary Nitschke of Prometheus for the generous time to open their properties to our team of 30 and a special thank you to the technical teams from both AT&T and Comcast for the tours. Great companies, great teams = great, great day!
There are many changes happening in the telecom industry today, most notably Providers finding solutions to serve more customers with faster internet speeds over existing networks. However, many of our clients continue to be frustrated with limited Providers to choose from, especially when the available technology is limited. In most cities, a property will have two pre-existing Providers – a Cable Provider and a Telephone Provider. In some cities, you’ll have the option of a tertiary/Private Operator (like Wave G, Gigamonster, Google Fiber, etc.) and oftentimes they offer high-speed Internet-only (not traditional Cable or Phone).
We sat down with the President of RealtyCom, Rush Blakely, to get his thoughts on the current telecom landscape and explore some of most common challenges real estate owners face in this industry.
- What are some current market trends that you’re seeing?
While traditional Television subscriptions are certainly declining, providers continue to do well emphasizing the value of their bundled services, upselling less traditional services such as home security and automation, and searching for the “cool factor” end-users really desire. Charter and Comcast have recently discussed Mobile service, leveraging a cellular network such as Verizon, as well as Wi-Fi connectively programs for the home, among […]