communications commission with bureau chief milkman. >> host: well, we want to introduce you to craig moffett, managing partner of a group called moffett research. what do you do for a living? >> guest: i cover the equities, the stocks of the cable companies, the satellite companies and telephone companies. i've just started my own firm. >> host: how did you get into that line of business? >> guest: i was a consultant at the boston consulting group, and i led the telecom practice there. after a short detour in 1999 through 2002, i went back to the telecom world and started writing about the telecom industry and the cable and satellite business. >> host: so when you speak, do people listen? >> guest: i hope so. that's the goal. and, you know, it's funny, i'm probably known better on wall street as a cable and satellite analyst. i still think of myself as a telecom guy having had some 25 years in telecom now. but it's, but there are, obviously, two very closely-related industries, and i think it helps to have a view on both of them. >> host: so when you think about the future of the cable compa

bureau with bureau chief ruth milkman. >> who want to introduce you to craig moffett who is managing artner at a group called moffett to research. what do you do for a living? what i cover the equities. the stocks and telephone companies. i cover the equities. i just target my own firm. >> how did you get into that line of business customer >> i was an analyst for 11 years. after a short detour the running an internet business in 1999, i went back to the telecom world and started writing about the industry. when you speak to people, do they listen? >> i hope so. that is the goal. i am probably no better on wall street as a cable and satellite analysts. i think of myself as a telecom guy having 25 years in the industry. too very close -- they are two very close related industries. future you think of the of the cable companies as they currently exist, what is the future? >> the first thing to remember is the cable company's are not media companies. they are infrastructure providers. that is all they are. the digital pipe. for 10 years, people miss understood particularly on wall street

. >> we want to introduce you to craig moffett who is managing partner of market research. mr. moffitt, what you do for a living? >> i cover the stocks of the cable companies and i just started my own firm. i love the telecom practice after running an internet business in 1999 through 2002 and i went back to the telecom world and started writing about the telecom industry and the cable and satellite business. >> when you speak how many people listen? >> well, i hope so. that is the goal. i am probably known better on wall street as a cable and satellite analysts, but i think of myself as a telecom guy. but they are two very closely related industries and i think it helps to have them both at the same time. >> when you think about the future of the cable company as it currently exists, what exists? >> the cable companies are not media companies but infrastructure providers and that is all they are. digital pipe in and out of the home. for 10 years people misunderstood, particularly on wall street commonly misunderstood what the companies were commonly thought of them as media co