Comcast Kicking The Telcos All Over The Field
Comcast (CMCSA) is simply crushing its telco competitors.
Consider a few data points. As I noted this morning, Comcast today disclosed that it added 555,000 new phone customers in the June quarter (499,000 when you back out losses in their circuit-switched segment), along with 278,000 high speed Internet customers and 320,000 digital cable customers. (It did lose 138,000 basic cable subs.)
Compare that with AT&T, which lost 993,000 residential primary wirelines in the quarter, or Verizon, which lost 833,000 primary residential lines and another 133,000 DSL lines.
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