) customers can now enjoy high speed Internet service at certain
Massachusetts Bay Transportation Authority's (MBTA) Green Line
stations. This leading cable Multiple System Operator (MSO) is the
first company to provide WiFi services to its customers in
America's oldest subway.
This service will be available to customers on the platforms at
North Station, Haymarket, Park Street, Boylston, Arlington, Copley,
Prudential, Symphony, Hynes Convention Center and Kenmore.
Additionally, Comcast customers can enjoy high speed Internet
service at many outdoor stations of MBTA Green
In the month of March, the company declared its target of
creating in excess of 300,000 WiFi hotspots across New England and
more than 8 million WiFi hotspots in the U.S. by the end of
Cable MSOs throughout the U.S. are facing intense competition
from telecom operators, satellite TV providers and online video
streaming service providers. Roaming WiFi connectivity is likely to
present a huge opportunity for cable MSOs to minimize their
respective customer churn rates. In addition to retail consumers,
business enterprises are also likely to act as major growth
accelerators for mobile WiFi hotspot services.
Comcast is also focusing on enhancing its portfolio of
offerings, such as the nationwide rollout of X1 services, various
home security services and introduction of new contents for
multi-platform on-demand services. The next-generation Web-capable
platform called X1 offers a hybrid IP/QAM video gateway with an
advanced user interface and the ability to port third-party apps
that tie into a cloud-based infrastructure.
In addition, the company is planning to acquire rival
Time Warner Cable Inc.
) which is expected to strengthen its foothold in the U.S. pay-TV
market. Comcast is expected to derive a significant $1.5 billion of
operating synergy from this merger of which 50% may be realized
within the first year of completion of the merger.
Comcast currently holds a Zacks Rank #3 (Hold).
Other Stock to Consider
Better-ranked stocks worth considering in this sector include
Cablevision Systems Corporation
Shaw Communications, Inc.
). Both the stocks hold a Zacks Rank #2 (Buy).
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SHAW COMMS-CL B (SJR): Free Stock Analysis
CABLEVISION SYS (CVC): Free Stock Analysis
COMCAST CORP A (CMCSA): Free Stock Analysis
TIME WARNER CAB (TWC): Free Stock Analysis
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