Comcast thrives as Telco’s start to compete
Here is a data point from the triple play wars. Comcast released its latest financial report to Wall Street.
"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.
Posted by admin on February 3rd, 2007 :: Filed under IPTV
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February 4th, 2007
It probably was their best year, and people invested in them were very happy. While there will be increasing competition from the telcos, there are enough problems and limitations to make Comcast a good bet for at least a couple more years.
Now if they could only get their customer service to be even fair they would even do better.
February 6th, 2007
Absolutely. I must note also that Microsoft has not yet proven that their IPTV platform can scale yet. After that time, it will still take at least 2 to 3 years to make a dent into the cable business.