Craig Moffett, senior cable and satellite analyst at Sanford C. Bernstein, told CNBC’s “Squawk on the Street” that cable appears poised to beat satellite TV in the marketplace.
“I wouldn’t say (satellite) is dying, but remember that it’s a one-way technology in what’s increasingly a two-way world,” Moffett said Tuesday.
“At the heart of it, the reason cable is winning – and it’s winning phone subscribers and it’s starting to win back broadband subscribers – is not because they have more products in the bundle, but because they have a marginal cost advantage," he added. "They can do it all on one network with one cost structure, one set of capital equipment – and nobody else can. They’re giving enough of that cost advantage to consumers that they’re starting to take back share across every single one of these product lines.”