IP: Comcast Plunges Into Telephony

[David Farber <dave () farber net>]

> Date: Tue, 25 Dec 2001 15:28:38 -0500
> To: Dave Farber <farber () cis upenn edu>
> From: Monty Solomon <monty () roscom com>
> Subject: Comcast Plunges Into Telephony
>
> Comcast Plunges Into Telephony
>
> By MATT STUMP and KAREN BROWN
> Multichannel News
> 12/24/2001
>
> Comcast Corp. wrapped its arms a little more tightly around the
> telephony business last week - albeit gingerly - through its proposed
> merger with AT&T Broadband.
>
> At the same time, the Philadelphia-based MSO maintained a
> relationship with software giant Microsoft Corp. that's financial,
> rather than operational.
>
> The deal to create AT&T Comcast Corp. weds two disparate telephony
> agendas. AT&T has rolled out circuit-switched telephony to 924,000
> subscribers in more than a dozen markets, with 6.2 million homes
> passed.
>
> But Comcast - save for a handful of circuit-switched operations
> inherited from MediaOne Group Inc. and Jones Intercable Inc. - has
> steered clear of telephony, preferring to wait until suitable
> Internet-protocol technology arrives.
>
> The Broadband deal has changed that tune. Comcast executives now
> express enthusiasm for rolling out telephony a year from now, when
> the deal is set to close. And that change help seal the merger,
> according to some analysts.
>
> ...
>
> http://www.tvinsite.com/multichannelnews/index.asp?layout=story_stocks&articleid=CA187976

For archives see:
http://www.interesting-people.org/archives/interesting-people/