Comcast thrives as Telco's start to compete
Filed in archive IPTV by martino on February 03, 2007
Here is a data point from the triple play wars. Comcast released its latest financial report to Wall Street.
On the video side, Comcast added 110,000 basic subscribers in the fourth quarter of last year, its strongest growth in 10 years. The total of 24.2m exceeded many analysts' expectations. It added 488,000 high-speed internet subscribers, and 508,000 new telephone customers in the quarter.
"I think simply it may have been our best year ever," said Brian Roberts, chairman and chief executive, referring to 2006. "Triple play . . . is the driver of what has changed in the business."
On the video side, Comcast added 110,000 basic subscribers in the fourth quarter of last year, its strongest growth in 10 years. The total of 24.2m exceeded many analysts' expectations. It added 488,000 high-speed internet subscribers, and 508,000 new telephone customers in the quarter.
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