Thursday, June 01, 2006

Comcast going telco?

Most El Dorado County residents are likely aware that Comcast has a somewhat limited presence in the county and has traditionally offered TV programming, describing itself as an entertainment provider.

Now the big cable company could be morphing into a telco, going head to head with AT&T and Verizon. Comcast COO Steve Burke told the “D: All Things Digital” conference in Carlsbad California that within five years, Comcast will be primarily providing meat and potatoes wire line telecommunications services: digital voice and Internet access. Burke told the conference that Comcast expects to have 25 million Internet and voice accounts, significantly larger than its current base of 21.5 million video subscribers.

Click here for the report in Multichannel News.

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