Emergency Response and Wireless Location Systems     by Manlio Allegra       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 Cisco to Acquire Arch Rock for Wireless Energy Sensors 9/2/2010 Alcatel-Lucent Acquires OpenPlug, Extending its Application Enablement Strategy 9/1/2010 NSN Partners with Telefónica on Smartphone Experience Lab 8/30/2010 Intel Confirms Acquisition of Infineon Wireless 8/30/2010 Cisco to Acquire ExtendMedia for Video Content Management 8/26/2010 Nimbula Raises $15 Million for Cloud OS 8/25/2010 HP Bids $24 per Share for 3PAR, Topping Dell 8/23/2010 Nokia to Acquire Motally for Mobile Analytics Service 8/20/2010 ZTE Reports 1H 2010 Revenue of US$4.5 Billion 8/19/2010 China Mobile Appoints Mr. Li Yue as CEO 8/19/2010 China Mobile Tops 554 Million Customers 8/19/2010 Airband and Sparkplug Announce Merger -- Fixed Wireless Operators 8/19/2010 Marvell Acquires DS2 for Powerline Chips 8/19/2010 Marvell Posts Revenue of $896 Million, Up 5% Sequentially 8/19/2010 Brocade Posts Revenue of $504 Million, up 2% YOY 8/18/2010 > More news...   Search  this site   Search the Web   Get Your Column Published Emergency Response and Wireless Location Systems by Manlio Allegra Interview: NSN's Sue Spradley on LightSquared's Wholesale Mobile Data Paradigm by Sue Spradley Mobile Backhaul Transition Requires New Testing by Joe Zeto Cybersecurity Requires Public/Private Coalition by Greg Oslan A Rethinking of Cloud Services and Network Architecture by Jim Theodoras Delivering Scalable Video Solutions <br><i> Advantages of SVC-Optimized QoS</i> by Andy Singleton