Comcast Posts Profit on High-Speed Growth
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Comcast Corp. CMCSA.O, the largest  U.S. cable operator, on Wednesday posted a third quarter profit  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. CMCSA.O, the top U.S.  cable operator, on Thursday reported its quarterly net profit  rose 10 percent, boosted by more high-speed Internet customers.
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The cable company trims losses amid strong subscriber growth.
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Comcast Corp. said on Wednesday it  could earn annual revenues of $3 billion to $5 billion in five  to seven years from an aggressive push to sell phone and  Internet access to companies.
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Cisco Systems, the largest maker of Internet networking equipment, said its first-quarter profit rose 29 percent.
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Cisco Systems, the largest maker of Internet networking equipment, reported Tuesday that its first-quarter profit rose 29 percent, squarely in line with Wall Street forecasts.
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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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Comcast Corp. (CMCSA.O: Quote, Profile, Research) , the largest US cable operator, on Wednesday posted a quarterly profit that fell short of Wall Street forecasts but reported
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Comcast Corp. (CMCSA.O: Quote, Profile, Research) , the largest US cable operator, on Wednesday posted a quarterly profit that fell short of Wall Street forecasts but reported better-than
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Comcast Corp , the largest  U.S. cable TV operator, on Thursday reported a small rise in  profit as it lost basic video subscribers during the third  quarter due to stronger competition from rival video services  through satellite and telephone operators.
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The phone company reported a fourth-quarter profit, helped by a gain tied to the sale of real estate and an increase in high-speed Internet subscribers.
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Media conglomerate Time Warner Inc.  said on Wednesday quarterly profit rose 34 percent, boosted by AOL asset sales in Europe, a rise in digital cable and phone customers, and online advertising sales.
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Time Warner Inc said on Wednesday it  expects profit growth to match or beat Wall Street estimates,  after reporting quarterly earnings that reflected increases in  broadband and phone subscribers and sales of "Harry Potter" and  "300" home videos.
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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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Time Warner said yesterday that its fourth-quarter profit rose 34 percent, helped by the purchase of Adelphia Communications' cable-television unit and the sale of AOL's European businesses.
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BellSouth Corp.  on Monday said  second-quarter profit rose, boosted by growth in wireless and  high-speed Internet services.
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TO THE EDITOR:           Record profits, no accountability, greed. The latest Comcast rate increase is explained by the need to improve services. What ever happened to investing profits to enhance service? Comcast is truly the poster child for de-regulation of a monopoly.