T-Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce Subcommittee hearing in Washington, February 13, 2019.
Erin Scott | Reuters
For about the last two decades, the cable industry has been fueled by three revenue streams: cable television, landline phones and high-speed broadband.
Recently, though, cable’s prized triple play has started to erode. Fewer households need a landline. Millions of Americans are canceling cable TV, a trend poised to accelerate as new streaming products such as Disney+, Apple TV+ and HBO Max hit the market. Add it all up and cable companies are left with only one reliable product — high-speed Internet.
Investors don’t appear…