Monday, January 8, 2007

Comcast Sees Triple Play and Business Services Driving Growth

Triple Play service bundles are driving growth at Comcast, said Brian Roberts, speaking at the Citigroup Entertainment Media & Telecommunication Conference, and new push into business services will extend this momentum. Growth in revenue generating units (RGUs) surged 85% in 2006 due largely to its Triple Play bundle, which provides voice, video and Internet access for $99 per month. Comcast aims to be a credible alternative to the ILECs in delivering services to small and medium businesses -- a market valued at $25 billion per year. Some highlights of the presentation:



  • Comcast now has 12 million digital cable subscribers, of which 1.7 million have the Digital Starter package ($50 per month), 6.2 million are Digital Cable subscribers ($65+ per month), and 4.1 million subscribe to Digital Cable + HD/DVR ($75+ per month).


  • Comcast's VOD library currently offers over 8,000 program choices, including some 800 film (300 available at no extra charge). Customers watched over 20 million of the free movies in December.


  • There were 1.9 billion VOD views for all of 2006 -- over 95% were for the free content. Customers typically use On-Demand viewing 27X per month.


  • Comcast's "PowerBoost" cable modem service is now delivering downlink rates in the 12~16 Mbps range.


  • Comcast now has over 11 million high-speed Internet customers.


  • Comcast's Digital Voice service now has a 4% penetration rate. The company's goal is to achieve a 20% penetration rate by year end 2009.


An archived version of the webcast is available on the company's website.

http://www.comcast.com

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