Sunday, February 04, 2007

COMCAST Profits Soar -- Thanks To Broadband

COMCAST Chief BRIAN ROBERTS boasted Thursday that the Philadelphia-based company, the largest cable provider in the U.S., experienced "simply our best year ever" in 2006 as net income tripled to $390 million on revenue of $7.03 billion.

The company attributed the rise to its ability to offer broadband Internet and phone services in addition to cable TV to customers.

Comcast reported a 19% increase in Internet subscribers producing revenue of $5.5 billion.

Tom Blais, thanks for the post.

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