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Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
reply to rody_44

Re: Looking over my recent usage, im using more

said by rody_44:

Lets see, If everyone used 971 gigs a month. Would even 8 downstream channels be enough to not have congestion at prime time? Granted its plenty now. But given the nature of the internet would it be enough in 6 months or a year from now? Personally im all for the caps. Let the people that use more pay more is the way i look at it.

Using a subpar infrastructure shouldn't mean limiting the capabilities. Upgrade the backend if you can't handle it.
--
I found the key to success but somebody changed the lock.


train_wreck

join:2013-10-04
Antioch, TN
Reviews:
·Comcast
said by Alcohol:

Using a subpar infrastructure shouldn't mean limiting the capabilities. Upgrade the backend if you can't handle it.

This.


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:5
Reviews:
·Comcast
said by train_wreck:

said by Alcohol:

Using a subpar infrastructure shouldn't mean limiting the capabilities. Upgrade the backend if you can't handle it.

This.

Good Idea, but upgrades cost money, and where would they find some of that?


Johkal
Cool Cat
Premium,MVM
join:2002-11-13
Happy Valley
kudos:10
said by tshirt:

said by train_wreck:

said by Alcohol:

Using a subpar infrastructure shouldn't mean limiting the capabilities. Upgrade the backend if you can't handle it.

This.

Good Idea, but upgrades cost money, and where would they find some of that?

Ooh...ooh, I know: Let me see....mmmmm...big monthly increases for the customer?
--
In God we trust; all others bring data!



Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
reply to tshirt
said by tshirt:

said by train_wreck:

said by Alcohol:

Using a subpar infrastructure shouldn't mean limiting the capabilities. Upgrade the backend if you can't handle it.

This.

Good Idea, but upgrades cost money, and where would they find some of that?

Retained earnings.


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:5
Reviews:
·Comcast
Which helps pay for upgrades and a more normal pace, BUT your demand is for NOW, not the 2-3-5 year upgrade cycle current rates pay for, it is the speed of upgrades needed that the "exaflood" demands, is causing the funding shortage.
In Comcast's judgement the other 97%+++ users who never get near the cap would be unwilling to shoulder a large price increase just so the 1%+ can used 10-100 times the cap.

The thing you show remember about "Retained Earnings" is the it does NOT mean some big pile of cash in a Scrooge McDuck like vault, but is investments in the business and short term payments and all sorts of other things already being paid for and in fact if you traced that $17 billion you would find a great deal of it is the investment the allows the speed and capacity we see today and more for what we will see in the future.
You can't spend it twice.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
said by tshirt:

if you traced that $17 billion you would find a great deal of it is the investment the allows the speed and capacity we see today and more for what we will see in the future.
You can't spend it twice.

What? No....

Retained earnings are what is left over from the net income. It is used for investing back into the company. You asked where they would get the money for upgrading the infrastructure. This is where.

Comcast pays dividends of $0.195 per share every quarter. After that, the net income is added to retained earnings.

I don't understand how it's spent twice?


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:5
Reviews:
·Comcast
The percentage of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt.

Start with the basics
»www.investopedia.com/terms/r/ret···ings.asp

It's already being reinvested so they can't spend it again.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
You're not understanding basic financial statements.. At all.

The $17 billion is still there to be spent. Can be used for upgrading the network.

I'm not sure what you are confused about.
--
I found the key to success but somebody changed the lock.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
reply to tshirt
said by tshirt:

It's already being reinvested so they can't spend it again.

No...
--
I found the key to success but somebody changed the lock.


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:5
Reviews:
·Comcast
Perhaps you forgot about this,
»blogs.wsj.com/deals/2013/02/12/c···g-night/
something that in ComCast Managements judgment added value to the company, something shareholders agree with.
I think the problem is you mistakenly believe the company and it's investors are there just to benefit YOU (a customer) while in reality the company is there to benefit the owners and investors while selling you a service. at a profit.
that cash or cash equivalient or investment in other items to benefit of the shareholders IS NOT YOURS even if some of it came from fees you paid.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
I make no mistake believing a corporation's goal is anything other than maximizing shareholder value.
Upgrading the infrastructure has a direct link to that. Comcast is one of the most hated companies in the world. There isn't a single person that wouldn't switch if there were better options available (fios, google fiber..) so it's in the best interest of comcast to use it's retained earnings to improve its services before there are other options available.

Having a cap is the worst thing comcast can do but they will get away with it until the monopoly is there. But that monopoly will end as barriers to entry are reduced.
--
I found the key to success but somebody changed the lock.


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:5
Reviews:
·Comcast

1 edit
said by Alcohol:

Upgrading the infrastructure has a direct link to that.

And they are, just not the way YOU want, but everyone saw what happened when Verizon choose to overbuild there own plant with fiber, good for a few consumers (until the price hikes kick in) but near disaster for the company. (it isn't over yet , but more fiber isn't happening there)

said by Alcohol:

Comcast is one of the most hated companies in the world.

So you keep saying. The big guys are always a big target. Does loving Google some how make your internet work better? or make it cheaper?
I'm pretty happy with comcast because they came in to my area where TCI and AT7T failed and rebuilt the plant from scratch, and continue to upgrade year after year with faster offerings while verizion FAILED to finish the promised FIOS build out, dumped us to frontier who is marginally capable of keep POTS working let alone faster DSL or fiber.
So I don't hate comcast and I'm pretty sure if they are honest a lot of people would be happy that Cable offers advanced service over a huge portion of the country where NO OTHER PROVIDER does.

said by Alcohol:

There isn't a single person that wouldn't switch if there were better options available

If BP started selling gas for half of what exxon charges, or grocery chain A offered you BETTER meat for less than B charges.
Of course people will change where there is some clear advantage to them, but as Verizon noticed, quite a few people saw no clear advantage and they continue to experience a higher than expected churn rate in fios areas.
Low take rate +high churn = not nirvana.

mike34
Premium
join:2004-07-17
Central City, PA
reply to Alcohol
said by Alcohol:

There isn't a single person that wouldn't switch if there were better options available

These cap threads always produce some real pearls, don't they?

rody_44
Premium
join:2004-02-20
Quakertown, PA
reply to Alcohol
You would be wrong about not a single person wouldnt change. I for one have fios available and stay with comcast. At least until they have one more rate increase that is. Judging by most of my neighbors. Im not alone.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4

1 edit
said by rody_44:

You would be wrong about not a single person wouldnt change. I for one have fios available and stay with comcast. At least until they have one more rate increase that is. Judging by most of my neighbors. Im not alone.

Enjoy your inferior service. I don't know a single person that chooses cable over fios. But i guess i underestimated the noobs.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
reply to tshirt
said by tshirt:

said by Alcohol:

Upgrading the infrastructure has a direct link to that.

And they are, just not the way YOU want, but everyone saw what happened when Verizon choose to overbuild there own plant with fiber, good for a few consumers (until the price hikes kick in) but near disaster for the company. (it isn't over yet , but more fiber isn't happening there)

said by Alcohol:

Comcast is one of the most hated companies in the world.

So you keep saying. The big guys are always a big target. Does loving Google some how make your internet work better? or make it cheaper?
I'm pretty happy with comcast because they came in to my area where TCI and AT7T failed and rebuilt the plant from scratch, and continue to upgrade year after year with faster offerings while verizion FAILED to finish the promised FIOS build out, dumped us to frontier who is marginally capable of keep POTS working let alone faster DSL or fiber.
So I don't hate comcast and I'm pretty sure if they are honest a lot of people would be happy that Cable offers advanced service over a huge portion of the country where NO OTHER PROVIDER does.

said by Alcohol:

There isn't a single person that wouldn't switch if there were better options available

If BP started selling gas for half of what exxon charges, or grocery chain A offered you BETTER meat for less than B charges.
Of course people will change where there is some clear advantage to them, but as Verizon noticed, quite a few people saw no clear advantage and they continue to experience a higher than expected churn rate in fios areas.
Low take rate +high churn = not nirvana.

Good thing i wasn't talking about verizon fios then.
--
I found the key to success but somebody changed the lock.

rody_44
Premium
join:2004-02-20
Quakertown, PA
reply to Alcohol
Again i am the majority, Fios has a 24 percent penetration rate in this county. I dont really know what comcasts is but its at least 50 percent penetration rate.

biomesh
Premium
join:2006-07-08
Tomball, TX
reply to Alcohol
said by Alcohol:

Good thing i wasn't talking about verizon fios then.

FiOS is Verizon. If you are referring to ftth that is totally different as it could mean any number of other providers.


Alcohol
Premium
join:2003-05-26
Climax, MI
kudos:4
reply to rody_44
said by rody_44:

Again i am the majority, Fios has a 24 percent penetration rate in this county. I dont really know what comcasts is but its at least 50 percent penetration rate.

Yes because most people choose comcast before fios was available and are unwilling to change or are simply unaware of the superiority.

Not sure if fios is more expensive but that will also be a criteria for most. Technology wise there is no doubt, fios is superior. Service is also superior because of better speeds with no caps.

Regardless, most tech savvy people will choose fiber (fios, google fiber, new startups..) when it's available as it's the better option.
--
I found the key to success but somebody changed the lock.

rody_44
Premium
join:2004-02-20
Quakertown, PA
Reviews:
·Comcast

2 edits
Its priced pretty close on the video side, Fios is more expensive for internet and phone tho. Comcast is pretty dam good around here. On par with fios. As far as people only having it because they already had comcast i guess you missed karls front page story of how many people have abandoned ONTS on the side of there house. That my friend would be thanks to people changing away from fios. If you want to talk superior fiber than i would just take comcast and run the metro E fiber which is also available from comcast. That my friend will blow fios out of the water. Again tho i want a reasonable speed at a reasonable price. As of now i have that with comcast.


owlyn
Premium,MVM
join:2004-06-05
Newtown, PA
Reviews:
·Comcast
reply to Alcohol
said by Alcohol:

said by rody_44:

You would be wrong about not a single person wouldnt change. I for one have fios available and stay with comcast. At least until they have one more rate increase that is. Judging by most of my neighbors. Im not alone.

Enjoy your inferior service. I don't know a single person that chooses cable over fios. But i guess i underestimated the noobs.

I have also stayed with Comcast over FIOS. I was in TV/Film production for over 10 years, and I am now in IT. Not a noob, just a smart consumer. Every time my promo expires, I call and tell them I'm thinking of switching to FIOS, and bang- promo extended.