About this weblog
What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Friday, May 1, 2009
Growing Comcast Cuts Capex
Benefiting from customer upgrades to digital and advanced video services, plus continued growth in high-speed Internet services, U.S. cable company Comcast said that its revenue increased 5% year-on-year in the first quarter of 2009 to 8.8 billion US dollars. Operating cash flow increased 8% to 3.4 billion dollars as Comcast cut back on capital spending by 19% to 1.2 billion dollars. source: Comcast statement
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