Comcast this week said it would more than triple the current 300 gigabyte data caps it’s testing in select U.S. markets, giving customers the ability to use up to a terabyte of data, something the operator says isn’t an issue for more than 99% of its customers.
Comcast today reported it added 53,000 subscribers in Q1, it’s best first quarter subscriber results in nine years, on top of better-than-expected earnings.
The operator reported EPS of 84 cents, beating the 79 cents Wall Street expected. It also beat on revenues, reporting $18.8 billion, besting the forecast $18.6 billion. Revenue for the quarter was $18.79 billion, topping last year’s Q1against figure of $17.85 billion.
Some Comcast customers will be able to save a few dollars a month after the cable giant today said it would allow subscribers to watch Comcast content without leasing a cable set-top box.
The move was in response to a push by federal regulators to relax the STB market, allowing customers to use devices like Roku, Apple TV and Amazon Fire TV instead.
In what may be the worst kept secret ever, Comcast is reportedly planning to offer its Xfinity Stream service to subscribers of other pay-TV operators who share its service footprint.
Amazon isn’t moving into the cable TV business per se, but it is planning to help pay-TV operators and ISPs male it easier to connect with consumers by offering pay-TV, Internet and phone sign ups through its new online Amazon Cable Store.
For the moment, only Comcast is in the e-tailer’s product lineup, part of a deal, according to the Wall Street Journal, that came about after Amazon CEO Jeff Bezos met with Comcast CEO Brian Roberts and cable division CEO Neil Smit last year.
Comcast beat Wall Street estimates on revenues for Q4 2015, with sales of $19.08 billion for the quarter, off $320 million; EPS was 81 cents, missing by 1 cent.
For the quarter Comcast added 89,000 video customers, editing the year down 36,000 customers, its best video subscriber numbers in eight years and a result that CEO Brian Roberts, during the company’s earnings call, described as “heroic.”
There’s no way to confuse CenturyLink with Comcast; one has some 269,000 pay-TV subscribers, the other 22.3 million. But the Monroe, La.-based telco believes it can create an alternative market in the Twin Cities and nearly two-dozen surrounding cities with its Prism IPTV service.
The company says it’s deploying a multi-tier offering that starts at $35 monthly for its 140-channel Prism Essential product, to $80 monthly for its 320-channel Prism Premium package.
Some Comcast customers in Chicago could lose their HD channels as the operator completes an upgrade to its system that requires subscribers use new set-top boxes to access them.
Downton Abbey could have a new master is reports that NBCUniversal is on the trail of British commercial broadcaster iTV are true.
Shares of iTV are up on the speculation that comes after reports that the chiefs of the two broadcasters met recently.
The Daily Mail reports that iTV could go for £11 ($16.38 billion)
Comcast has rolled out its long-rumored OTT service for a trial in Boston, delivering live linear channels from the major networks, HBO and on-demand content.
Stream TV enables users to content on laptops, tablets and phones, but only in their homes. A catalog of on-demand movies and shows can be watched in the home or on-the-go over Wi-Fi, and includes access to TV Everywhere and a cloud DVR.
Broadband growth highlighted Comcast’s Q3 earnings, as the operator added 320,000 new Internet subscribers and saw revenues from its Internet business climb more than 10%.
The cable operator lost 48,000 video subscribers, better than last year’s 81,000 dip, and saw its broadband business continue to increase its subscriber lead over pay TV. Comcast now has 22.87 million broadband subscribers compared to 22.26 million pay-TV subscribers.
CBS CEO Les Moonves, during an appearance on Bloomberg TV, said the network would likely reach an agreement to sell Apple content for its proposed streaming service.
But, he said, the timing for the service remains up in the air.
“Apple is having conversations with everyone about doing their own streaming services,” Moonves said. “We have had those conversations, as have the other networks. Do I think something will happen? Probably, but I do not know when.”