Comcast Posts Profit; Hi-Speed Subs Rise
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Comcast Corp., the largest U.S. cable operator, on Wednesday posted a third quarter profit, boosted by high-speed Internet customer gains that offset slower growth in basic video subscribers.
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Time Warner Inc., the world's largest media company, on Friday said its quarterly net profit rose by 76 percent, boosted by digital video, high-speed Internet and higher advertising sales at its cable networks.
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Viacom Inc. (VIAb.N: Quote, Profile, Research) (VIA.N: Quote, Profile, Research) on Thursday said its quarterly profit from continuing operations rose 12 percent
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Top U.S. phone company AT&T Inc.  on Tuesday said its profit and revenue rose, helped by strong growth in its wireless business and its acquisition of BellSouth.
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By Deborah Yao Associated Press  PHILADELPHIA - Comcast Corp., the nation's largest cable television operator, said Thursday that fourth-quarter profits nearly tripled as customers signed up for its discounted video, Internet and phone package, but the results fell short of expectations.
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AT&T Inc.  on Tuesday posted  higher quarterly profit, bolstered by strong growth in wireless  and high-speed Internet services.
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The communications company said that fourth-quarter profit rose 25 percent as it added more high-speed Internet subscribers.
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Comcast Corp., the nation's biggest cable TV systems operator, said Thursday that its third-quarter profit fell 54 percent and new customer additions slowed amid intensified competition from phone and satellite TV companies.
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Top telecommunications service  provider AT&T Inc.  on Tuesday said its profit and revenue  grew on an adjusted basis, helped by strong growth in its  wireless business.
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PHILADELPHIA - Comcast Corp., the nation&#39;s largest cable company, reported a sharp decline its profit for the third quarter from results a year ago that included a big gain on the sale of its interest in the home shopping network QVC Inc.
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Verizon Wireless, a venture of Verizon  Communications VZ.N and Vodafone Group Plc VOD.L, said on  Thursday operating profit and revenue rose on strong subscriber  growth in the fourth quarter.
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Verizon Communications Inc  said on Monday that quarterly revenue rose due to strong wireless and Internet subscriber growth, although profit fell after merger-related costs and other items.
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Media conglomerate Time Warner Inc.  said on Wednesday that fourth-quarter profit rose more than 30 percent, boosted by asset sales, more digital cable and phone customers, and a rise in AOL advertising sales.
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EarthLink Inc. on Thursday posted a higher third-quarter profit, helped by subscriber growth, but it forecast revenue below analysts' consensus target for the current quarter, which dragged down shares 9 percent.
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NEW YORK - Comcast, the largest US cable operator, posted a third-quarter profit Wednesday on better-than-expected gains in high-speed Internet customers and raised its full-year outlook for subscriber growth.
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Comcast Corp., the nation&#39;s biggest cable television company, reported a sharp decline in its profit for the third quarter from results a year ago that included a big gain on the sale of its interest in the home shopping network QVC Inc.
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Cisco Systems Inc. , the largest maker of communications gear to direct traffic over the Internet, on Tuesday said quarterly earnings rose, benefiting from higher sales in advanced technologies and the impact of a year-earlier accounting change.