Wednesday, July 29, 2015

How Comcast is beating Verizon

"The U.S. video business is now growing roughly 50% faster than the U.S. wireless business," notes Sanford C. Bernstein analyst Craig Moffett

How Comcast is beating Verizon

Cable-company revenues per subscriber are up 5.3% over the last year, vs just 3.6% for wireless, notes Craig Mofett, telecom analyst at Sanford C. Bernstein Research.

That's because wireless is competitive : Verizon vs AT&T Mobility vs T-Mobile vs Sprint vs MetroPCS or Leap (and both, uniquely, in Philadelphia), vs resellers like Virgin Mobile and Tracfone and regionals like US Cellular and Cox...

While cable is still local-monopolistic: You get Comcast or TimeWarner Cable or Cablevision or Cox...

So wireless prices are dropping, while cable prices are going up. "Five years ago, when cable broadband was introduced at around $40, consensus expectations projected that prices would fall by as much as a third by now. Instead, they've risen."

And wireless, Moffett notes, is only likely to Internet 40% of America, leaving cable with the rest.


About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at,, 215.854.5194 or 302.652.2004.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano