Wednesday, July 31, 2013

Comcast profits surge 30% on broadband growth

A blog by Brian Stelter on nytimes.com explains how while "Comcast has been losing TV subscribers to DirecTV and Verizon FiOS for years...its revenue gain on the broadband side [in Q2 of this year] was 8 percent." The blog reports on how "[it] is broadband, not cable television, that is generally bolstering cable companies’ results these days, because nearly nine out of 10 American households already subscribe to some sort of TV, but only two-thirds subscribe to broadband."

Bloomberg News also notes how Comcast's "Cable subscriber metrics [have] exceeded [analyst] estimates in all three services."

Related News & Products for Cabling Professionals:

Wireless broadband provider Alvarion wins court decision against creditor
TDR fault locator zooms in on plethora of RF cabling issues
Hardened industrial panel computers target hazardous locations
Keynotes announced for 'TIA 2013: Future of the Network'

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