LTE -- What Voice Services?     by Jose Deras       Home         Topics: Main | M&A | Funding | Earnings | Jobs | People | Bankruptcy | Silicon | Europe | Japan | Most Acquisitive | Archive   Comcast Reports Growth in Revenue, Cash Flow, Cable Modems and Digital Services Comcast Cable credited Q3 revenue and cash flow growth of over 12% to strong momentum in new digital and high-speed Internet services, even as it incurred the additional costs of preparing to integrate AT&T Broadband's 13.1 million cable subscribers. The company reported consolidated Q3 revenues of $2.705 billion, a 12.7% increase from the $2.401 billion reported in Q3 2001. Consolidated operating cash flow increased 17.8% to $825.8 million compared to last year. Operating income was $430.5 million or $0.45 per diluted share. Some other highlights: Cable subscribers grew to 8.5 million, a twelve-month trailing growth rate of 0.7%. Video revenues increased 6.2% to $1.18 billion, reflecting continued demand for Comcast Digital Cable. During Q3, Comcast added over 205,400 Digital Cable boxes, a weekly average of 15,800 to finish the quarter with more than 2.9 million Digital Cable boxes in service. Cable modem Internet service revenue more than doubled over Q3 2001 to $155.5 million, as a result of significant growth in the customer base and a rate increase. During the quarter, Comcast added 169,800 high-speed Internet customers, a weekly average of over 13,000 net additions to finish the third quarter with more than 1.3 million cable modem customers. At quarter end, Comcast had a cable modem penetration rate of over 11% of marketable homes, up from 8.2% in 2001. More than 85% of the homes in Comcast's footprint, or nearly 12.1 million homes, now have access to this service. Advertising revenue increased 11.9% to $93.2 million reflecting a stronger local advertising market. http://www.comcast.com 28-Oct-02 Recent Financial News SUPERCOMM Canceled for 2010 2/7/2010 NTT Surpasses 12.8 Million Optical Access Lines 2/5/2010 Metaswitch Appoints Kevin DeNuccio as CEO 2/4/2010 Bell Canada's Q4 Revenue Grew 4.8%, FTTH Planned for Montreal, Toronto 2/4/2010 Comcast Grows 3.9% in 2009, Targets Project xfinity for 2010 2/3/2010 Cisco Posts Sales of $9.8 billion, Net Income Beats Expectations 2/3/2010 Broadcom to Acquire Teknovus for EPON Silicon 2/3/2010 EC Approves Telefónica O2's Acquisition of Hansenet 1/29/2010 NTT DOCOMO at 55 Million Users -- Nearly Flat for 2009 1/29/2010 AT&T Gives Update on Network Upgrade Programs 1/29/2010 Thomson Changes Name to Technicolor 1/29/2010 NSN Posts Q4 Sales of EUR 3.6 billion, up 31% QoQ 1/28/2010 AT&T Adds 2.7 million Wireless Subscribers in Q4 2009 1/28/2010 Motorola Reports Q4 Sales of $5.7 billion 1/28/2010 Criminal Charges Dismissed for Broadcom's Founder 1/28/2010 > More news...   Search  this site   Search the Web   Get Your Column Published LTE -- What Voice Services? by Jose Deras Framing the Next Wave of Carrier Ethernet by Umesh Kukreja Network Interconnection and Evolution for Super Carriers by Dawn M. Hogh Carrier Challenges for Tomorrow's Connected Enterprise by Dr. Badri Nath Dynamic Performance Management for Mobile Data Networks by Michael J. Schabel, Ph.D. To 4G or not to 4G: Supporting Exponential Mobile Traffic Growth by Joe Schraml