The poor quality of U.S. broadband could be hurting Netflix (NFLX). Though a recent FCC report claims 60% of U.S. households have broadband connections (defined as 768kbps or more), only 38% have connections of at least 3Mbps, the minimum level Netflix says is needed to provide DVD-quality video. Also, only 26% are estimated to have 6Mbps+ connections - Netflix claims 5Mbps is needed to provide HD video. Netflix provided disappointing Q3 domestic streaming subscriber guidance in July.
The poor quality of U.S. broadband could be hurting Netflix (NFLX). Though a recent FCC report...
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