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Forums » Comcast Posts Higher Profit » Q4 high profit, of course!
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What else can you say except... »
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cypherstream
Looking forward to the future of things.
Premium,MVM
join:2004-12-02
Reading, PA
clubs:


1 edit
Q4 high profit, of course!

When Comcast in my area raised prices in November (earlier than the usual January rate increase), and didn't add any new channels or even roll out the 16/2 Blast Tier, of course their profits will skyrocket.

Charge more money...
Don't spend a dime on system improvements...
End up with a surplus!


Boogeyman
Drive it like you stole it
Premium
join:2002-12-17
Huntsville, AL

Yeah, I dont quite get it either...

Comcast: We're making record profits!

Consumer: Cool, maybe you'll be able to offer more and better service!

Comcast: Well, upgrading is expensive and we cant really afford it right now... But check out these bonus's our shareholders are getting!

openbox9

join:2004-01-26
Alexandria, VA
·AT&T Southeast

reply to cypherstream
said by cypherstream See Profile :

Don't spend a dime on system improvements...
See TK's fact above about Comcast invested $6.1B into their infrastructure. Sad how people around this forum continue to purport misinformation.


cypherstream
Looking forward to the future of things.
Premium,MVM
join:2004-12-02
Reading, PA
clubs:


2 edits
Sad how none of that went into Central through Eastern PA.

While yes it's very nice to hear about the Bay area in California upgrading to 1 GHz, and the New England region getting loads of new HD channels, as well as Florida, Georgia, Washington state, Virginia. Spending tons of money on older antiquated acquired systems from Adelphia, TWC, and various other small MSO's they've gobbled up.

Keep spending that $6.1B in every state but your home state Comcast.

Raise prices in an area you don't spend money on ahead of schedule,
Don't upgrade anything in that area,
Profit!


MrChupacabra
Premium
join:2003-03-26
Florida
·Bright House

The comcast home state is Mississippi actually.

And you can't upgrade everything all at once. Upgrades are a targeted strategy. The areas that need it the most due to a variety of things get it first.

Yes this can mean that the areas they can make the most money from get it first. That way they can pay to get your area up to speed as well.

Or maybe you have something else entirely different going on in the background of your market.
--
Hello boys and girls, I'm back!

jester121
Premium
join:2003-08-09
Lake Zurich, IL
·surpasshosting
·ViaTalk

reply to Boogeyman
said by Boogeyman See Profile :

Comcast: Well, upgrading is expensive and we cant really afford it right now... But check out these bonus's our shareholders are getting!
How dare the owners of the company expect to receive a return on their investment!?!! The government really should be taking all that profit away and mailing out even bigger checks in May.


Boogeyman
Drive it like you stole it
Premium
join:2002-12-17
Huntsville, AL

Wow, some people really have to bring the government into everything.

How about the company just uses some of the record profit they made off of thier customers to offer thier customers a better service so they will stay customers and continue to give the company money. Ya know, so they can continue to make profits?

jester121
Premium
join:2003-08-09
Lake Zurich, IL
I swear I hit the "sarcasm" tag but it didn't appear in the post.
Forums » Comcast Posts Higher ProfitWhat else can you say except... »


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