The increased usage of smartphones and tablets has induced
Comcast Corporation
(
CMCSA
) to enhance its service offerings by introducing two new unlimited
messaging services for its Xfinity Voice plan subscribers.
The subscriber of the Xfinity Voice service will not only be
able to send unlimited text messages across U.S., but can also
receive transcribed voicemail messages from their home phone
devices. In addition, the subscribers will also get a notification
once they receive the text message.
The user of iPhone/iPad and Andriod smartphones can easily
access this service by downloading the Xfinity Mobile application
on their smartphones and tablets. Moreover, the customer of the
Xfinity voice plan can also gain access to this above mentioned
services from Xfinity website.
In 2012, Comcast is set to offer several innovative products,
including nationwide roll out of Xcalibur (rebranded as X1)
services, various home security services like the remote control of
heating and cooling pattern of the home, expansion of Wi-Fi
network, and introduction of a plethora of new contents for
multi-platform on-demand services.
Recently, Comcast launched its major innovative product called
Xfinity Streampix, a subscription based on-demand video streaming
services. This is a significant augmentation of the company's
pay-TV offerings, which currently provides traditional TV shows and
Xfinity on-demand shows for TV sets and broadband enabled
devices.
With Xfinity Streampix, a customer can instantly view movies and
TV shows whether he/she is in or out of the home on multiple
platforms, e.g., TV sets, Computers, and mobile devices.
Currently, the U.S. pay-TV industry is reaching its saturation
level. Moreover, the pay-TV industry is facing huge competition
from large telecom carriers like
Verizon Communication Inc.
(
VZ
) and
AT&T
(
T
), who are offering their pay-TV services along with other bundled
products at favorable rates.
Therefore, we believe that the introduction of such an array of
products will help them not only to combat the competition by
retaining customers but will also add different revenue streams to
the company's business model
Currently, we are maintaining our long-term Neutral
recommendation on Comcast. Comcast has a Zacks #3 Rank, implying a
short-term Hold rating on the stock.
Based in Philadelphia, Pennsylvania, Comcast Corporation offers
various consumer entertainment, information and communication
products and services to the residential and commercial
customers.
COMCAST CORP A (
CMCSA
): Free Stock Analysis Report
AT&T INC (
T
): Free Stock Analysis Report
VERIZON COMM (
VZ
): Free Stock Analysis Report
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