3 posts and columns on basic cable

A Bounceback Quarter for Comcast

in Media on April 30, 2009 at 4:45 am PT

Things looked a little rough for cable giant Comcast at the end of 2008, but they seemed to have righted themselves again during the first three months of this year: The company outperformed Wall Street’s revenue and earnings expectations and signed up more subscribers than analysts had expected in at least some of its offerings.
larry-the-cable-guy

Comcast Kicking The Telcos All Over The Field

in News on July 30, 2008 at 3:47 pm PT

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.

Comcast Q2 Revs in Line; EPS Misses, but Stock Rising

in News on July 30, 2008 at 7:14 am PT

Comcast (CMCSA) this morning posted Q2 revenue of $8.55 billion and adjusted EPS of 21 cents a share. The Street had expected $8.54 billion and 23 cents. The company said basic cable subs fell 138,000 in the quarter, but digital subs increased by 320,000. The company added 278,000 high-speed Internet customers, reaching 29 percent penetration of homes passed.