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Managed WiFi Solutions for MDU / MTU, Hotel, Assisted Living, & Restaurants

One More Thing Multifamily Owners Should Consider Before Starting Major Renovations…

architect and foreman in front of a buildingJust read MFE’s article: 4 Things Multifamily Owners Should Consider before Starting Major Renovations.  Granted, the article was more about keeping renters happy during renovation and construction and less about technology’s place during the construction phase, but it got me thinking anyway.  Major renovations on existing buildings are the perfect time for building owners to think about cabling and to implement a cabling plan to future proof their buildings.  Obviously, the perfect time to think about cabling is pre-new construction with an extensive and comprehensive cabling plan, but renovation time is another ideal opportunity to get existing buildings wired for current and future technologies.

We hear this issue often: a building owners spends millions of dollars constructing a new build or renovating an existing one without any cabling plan.  It is often after construction is finished that we are contacted to outfit the property with wireless.  Unfortunately this creates a problem for building owners who end up having to drill into new walls, find room for telecom equipment and aesthetically pleasing places for access points.  Even with the proliferation of wireless devices, cabling is often completely overlooked with no cable having been pulled to the units.  Obviously this is a completely preventable issue that can cost building owners a lot of unexpected dollars and time.  The sooner we can get involved with your new construction or renovation plans to advise on the proper cabling scenario, the smoother the cabling process will go and the happier the resident will be  (less delays and better support for technologies) and the happier the building owner will be (less money spent and the more seamless the result).

We advise that building owners seriously consider a comprehensive cable plan either pre-construction on a new build or anytime major renovations are being planned to save time and money.  A proper cabling plan allows building owners to wire their buildings not only to provide residents and staff with the necessary access to support today’s technologies, but the right cable pulled to the right places can ensure that the building is future-proofed for future needs.  A good cabling plan will provide modularity for the incorporation of data and voice services as well as provide adequate support for IoT.

To request a copy of our Cable Future Proofing for Building Owners White Paper, please email: marketing@spotonnetworks.com

Millennial Cord Cutting A Scary Reality for Cable MVPDs

Millennial Cord Cutting A Scary Reality for Cable MVPDs

cord-cutting

Image Credit: Pacific Crest

A grim reality has set in for MVPDs (multichannel video programming distributors) a.k.a. the Cable Companies, with the release of new numbers from Wall Street data firm, Pacific Crest.  The data is staggering, with some reporters referring to a “cord-cutting apocalypse”.   The new numbers show a reduction in cable subscriptions that over tripled from Q2 of last year.  Subscriptions fell 141,000 in Q2 of 2014 and then took a nose dive in Q2 of this year with a loss of 463,000 subscriptions.  This is no fluke, either.

Clearly the trend, especially among millennials, has been to forgo an expensive cable subscription for application subscriptions like Netflix, Hulu and Amazon Prime.  In addition, TV shows being produced and released by companies like Netflix are seeing large success and drawing big name actors.

In 2009 the number of U.S. households with cable subscriptions peaked with almost 90% of households having a subscription with a Top 8 Cable provider.  As of Q2 of 2015 that number has dropped to around 76%.  In response to the dropping numbers, Cable companies scrambled to offer “skinny bundles” that allowed a bit more control over the channels being purchased and a reduction in bundle prices.  These offerings (i.e. Sling TV) have seen little little interest, which companies like Netflix, Hulu and Amazon Prime are seeing subscription growth between 20 – 45%.

Millennials believe in having control over content that they specify and having access to it all of the time and while they are willing to spend and spend big on technology, they are frugal and savvy when it comes to contracts and having to pay for what they don’t use.    The trend towards cord-cutting is very black and white and building owners are becoming aware of resident preference for property-wide wireless access to support cord-cutting service, voice calling and of course, provide internet access.

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