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Comcast Kicking The Telcos All Over The Field

July 30, 2008
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

Eric Savitz

Comcast (CMCSA) is simply crushing its telco competitors.

Consider a few data points. As I noted this morning, Comcast today disclosed that it added 555,000 new phone customers in the June quarter (499,000 when you back out losses in their circuit-switched segment), along with 278,000 high speed Internet customers and 320,000 digital cable customers. (It did lose 138,000 basic cable subs.)

Compare that with AT&T, which lost 993,000 residential primary wirelines in the quarter, or Verizon, which lost 833,000 primary residential lines and another 133,000 DSL lines.

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