GNG News Guy
02-28-2008, 05:26 PM
http://i.dslr.net/urls/32/6032.gif (http://www.dslreports.com/shownews/Cablevision-Engaged-In-Successful-Battle-With-FiOS-92240)
FiOS competition doesn't seem to be bothering Cablevision too badly; the company's fourth quarter earnings (http://www.cablevision.com/pdf/news/q407_earnings.pdf) (pdf) indicating they're one of the only cable providers not losing basic cable subscribers (in fact, they added 1,155 of them). The cable company also added 62,000 broadband customers, bringing their total to 2.3 million. Cablevision revenues jumped 10.8 percent to $1.84 billion from $1.66 billion, beating analyst estimates.
Analysts believe that Verizon now offers service in about thirty percent of Cablevision's footprint. From a transcript (http://seekingalpha.com/article/66546-cablevision-systems-corp-q4-2007-earnings-call-transcript?source=homepage_transcripts_sidebar) of the company's earnings call, COO Tom Rutledge had this to say about the company's planned upgrades to DOCSIS 3.0:DOCSIS 3.0, I don t think will actually be commercially deployable to at least the end of this year, but there are interim steps between where we are now and DOCSIS 3.0. So if we want to go up to higher speeds before the end of the year, we re capable of doing it. In terms of competition, I m not particularly worried about that. I think ultimately you have to give your customers a service that satisfies their needs and you have to do that in a competitive environment.
By "interim steps" he's talking about the potential for deploying speedy (100Mbps+) pre-certification DOCSIS 3.0 gear, which no U.S. carrier has done yet (in fact there's just one (http://www.thegng.org/shownews/91640) carrier doing so thus far in all of North America). Cablevision's in sort of a unique position because they're offering faster speeds via DOCSIS 2.0 -- and their Boost product essentially offers users largely upcapped (literally (http://www.thegng.org/shownews/87129)) and un-throttled bandwidth at 30Mbps.
FiOS competition doesn't seem to be bothering Cablevision too badly; the company's fourth quarter earnings (http://www.cablevision.com/pdf/news/q407_earnings.pdf) (pdf) indicating they're one of the only cable providers not losing basic cable subscribers (in fact, they added 1,155 of them). The cable company also added 62,000 broadband customers, bringing their total to 2.3 million. Cablevision revenues jumped 10.8 percent to $1.84 billion from $1.66 billion, beating analyst estimates.
Analysts believe that Verizon now offers service in about thirty percent of Cablevision's footprint. From a transcript (http://seekingalpha.com/article/66546-cablevision-systems-corp-q4-2007-earnings-call-transcript?source=homepage_transcripts_sidebar) of the company's earnings call, COO Tom Rutledge had this to say about the company's planned upgrades to DOCSIS 3.0:DOCSIS 3.0, I don t think will actually be commercially deployable to at least the end of this year, but there are interim steps between where we are now and DOCSIS 3.0. So if we want to go up to higher speeds before the end of the year, we re capable of doing it. In terms of competition, I m not particularly worried about that. I think ultimately you have to give your customers a service that satisfies their needs and you have to do that in a competitive environment.
By "interim steps" he's talking about the potential for deploying speedy (100Mbps+) pre-certification DOCSIS 3.0 gear, which no U.S. carrier has done yet (in fact there's just one (http://www.thegng.org/shownews/91640) carrier doing so thus far in all of North America). Cablevision's in sort of a unique position because they're offering faster speeds via DOCSIS 2.0 -- and their Boost product essentially offers users largely upcapped (literally (http://www.thegng.org/shownews/87129)) and un-throttled bandwidth at 30Mbps.