FCC Chief Seeks Broad Open-Internet Rules

Federal Communications Commission Chairman Julius Genachowski is proposing that the agency apply tougher open-Internet rules broadly, raising concerns of cable and phone companies and some lawmakers that the government could try to control efforts to offer products such as digital cable or premium business services.

Vonage Now Losing Subs; The Street Has Moved On

Wait, wasn’t VoIP supposed to change the world and cripple the Bells? Well, it certainly has made a dent, but the damage is being done largely by the cable companies, rather than Vonage. The company posted an operating profit of $2.8 million in Q4, but lost 14,700 subscribers during the same period.

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.

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

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.