Comcast Discusses the Roll-Out of Voice-Over-IP (CMCSA 3Q05 Conf Call Quotes)

Comcast (ticker: CMCSA) COO Steve Burke discussed Comcast's roll-out of voice-over-IP telephony on the company's November 3rd conference call. Key extracts:

...we've now turned our focus this year to starting to accelerate our phone deployment... Today we're launched in 21 markets, ahead of our goal of… 20 markets... Comcast digital voice is being marketed today to over 12 million homes, and we will be marketing to over 15 million homes by year end… our plant will be certified to over 20 million homes, or roughly half our footprint…

…It's clear to us demand will not be an issue any time in the near future. Some of our initial markets are coming up on one year since launch, Indianapolis and Springfield, and we're approaching 5% penetration.

We're currently experimenting with three product bundles, and we're seeing the same kind of results as Time Warner cable and Cablevision and getting more and more excited about what CDV can do as a growth engine but as importantly what CDV can do for our high-speed data and basic subscriber businesses… we're in good shape… to hit 200,000 to 250,000 CDV unit net adds in 2005, and… to meet or exceed 1 million units of CDV net adds in 2006.

(Quotes are from the CCBN StreetEvents transcript.)

Related:

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• Other articles from the Telecom Stock Blog.
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