Tuesday, August 02, 2005
WSJ.com - Heard on the Street
WSJ.com - Heard on the Street: "When cable companies, starting today with Comcast Corp., begin reporting second-quarter earnings, all eyes will be on their fledgling telephone businesses, which investors are hoping will power the industry's next growth surge and push up share prices.
The results likely will be good, especially from Time Warner Inc.'s cable business and Cablevision Systems Corp., which are attracting tens of thousands of land-line phone subscribers with offers of unlimited service for less than $40 a month. Comcast, the country's largest cable operator, is getting off to a slower start. Nevertheless, it is likely to get a boost from the strong numbers expected to be posted by other cable companies, which will show the potential of the business."
The results likely will be good, especially from Time Warner Inc.'s cable business and Cablevision Systems Corp., which are attracting tens of thousands of land-line phone subscribers with offers of unlimited service for less than $40 a month. Comcast, the country's largest cable operator, is getting off to a slower start. Nevertheless, it is likely to get a boost from the strong numbers expected to be posted by other cable companies, which will show the potential of the business."
