Tag Archives: cmcsa

Cable Firms Trump Telcos In Internet Broadband Gains

The largest cable and telephone providers in America added about 360,000 net high-speed Internet subscribers in the second quarter. The increase was largely due to gains among Comcast (CMCSA), Time Warner Cable (TWC) and other cable providers, which added 512,000 total subscribers in Q2. Time Warner added 189,000 broadband Internet subscribers while Comcast added 179,000, reports Leichtman Research Group. Those gains offset losses by telephone

Comcast Invests In BuzzFeed, Readies A YouTube Rival

Cable TV firm Comcast’s (CMCSA) Internet content spree continued with a $200 million investment in online video specialist BuzzFeed. Comcast’s investment, through its NBCUniversal unit, is a bit smaller than earlier reports suggested. But Comcast last week also invested $200 million in Vox Media, which owns tech news website Re/code as well as sports, politics, food and fashion sites. Comcast and Verizon Communications (VZ), which acquired AOL and

AT&T goads Comcast on wireless, will it take bait?

AT&T (T) goaded Comcast over its lack of a wireless network on Wednesday at its analysts day in Dallas, and it trumpeted financial and marketing synergies from its acquisition last month of satellite TV broadcaster DirecTV Group. John Stankey, named AT&T’s new CEO of entertainment and Internet services in July, told analysts that with DirecTV, AT&T has leapfrogged Comcast (CMCSA), Verizon Communications and Netflix (NFLX) by becoming the telecom