Time Warner Cable welcomes Google Fiber competition after dismissing 1Gbps speeds

Time Warner Cable (TWC) doesn’t seem too concerned about Google’s (GOOG) ultrafast fiber service encroaching on yet another one of its territories by launching in Austin this week. In a statement given to The Wall Street Journal, a Time Warner Cable spokesperson said that the company is “prepared for added competition and believe that any innovation in broadband technology is good for all of us.” Praising Google for providing “innovation in broadband technology” is an intriguing thing for Time Warner Cable to say since its CTO earlier this year said that the company doesn’t plan to build out fiber to the home because there’s no evidence that American consumers actually want super-fast networks. It will be interesting to see if Google Fiber’s plan to expand to more markets spurs more aggressive network upgrade investments from rival ISPs, especially ISPs that have been dismissive about the need to boost network speeds.

[More from BGR: Google Fiber has cost less than $100 million to launch so far]

This article was originally published on BGR.com