At a posh, newly remodeled flagship storefront that has yet to open to the public, Comcast announced a number of new initiatives to improve customer service, and had on display several others that have been in the works for some time.
Updated from INTX: Comcast CEO Brian Roberts revealed a line of gateways with a swanky new soft-edged polyhedral design; the official launch of its voice-based remote control; and a set of relationships with companies making automated home products.
DirecTV said it added 60,000 net subscribers in the U.S. market during the quarter, or 48,000 more than it added in last year's first quarter. Total enrollment in its largest market climbed about 1 percent to 20.4 million.
Mediacom has cut deals to make both Netflix and Hulu directly available to its customers. Hulu entered similar deals with Armstrong, Atlantic Broadband, Mediacom Communications, Midcontinent Communications and WOW!
The match popped up, unauthorized, on new services like Twitter's Periscope and Meerkat, where people used the video function on their smartphones to relay the broadcast directly to the Internet.
Arris has begun integrating TiVo software and cloud-based services with some of its set-top boxes, an interesting development given that TiVo and the huge chunk of Arris that used to be Motorola were at each other’s throats just a few years ago.
"I said all along, the big dogs are going to sue," Wheeler said during an interview at TechCrunch's Disrupt New York event that was broadcast online. "There's nothing surprising about that."
Meanwhile, Liberty Global CTO Balan Nair said his company is adding Energy 2020 goals to its RFPs, and said he'd like to see the telcos join in the program.
Cablevision’s net revenue in the first quarter grew 2.5 percent to $1.61 billion compared to last year’s first quarter net revenue, which was reported at $ 1.58 billion.
Shrugging off the aborted takeover of Time Warner Cable, Comcast turns in a solid Q1, paced by broadband additions and the enthusiastic reception to the X1 platform.
Chambers, who has served as CEO since January 1995, will continue to serve as board chairman. Cisco said that he has grown the business from $1.2 billion in annual revenue when he took on the CEO role to $48 billion in revenue in 2014.
Several organizations from the telco sector have petitioned the FCC for a stay on its Open Internet Order, which reclassifies broadband as a communications service subject to Title II regulation.
Time Warner Cable turned in one of its most impressive quarters in terms of subscriber metrics in a very long time, as the rumor mill spun crazily about the company’s options now that Comcast has given up its takeover attempt.
Over the next three years Suddenlink will introduce a new non-symmetrical high-speed internet service to its customers in St. Joseph, Missouri. The two low tiers of service of 15 and 30 Mbps will be upgraded to 50 Mbps. Customers that have internet at 50 Mbps will be upgraded to 75 Mbps.
Charter recorded an $81 million net loss, which the company attributed to expenses tied to Comcast’s Time Warner Cable buyout transaction. The company said it incurred $86 million in interest expense related to financing the Comcast transaction and $13 million in related costs.