) - the largest cable Multi Service Operator (MSO) in the U.S. -
has recently announced that it has struck a deal with OSRAM
SYLVANIA. OSRAM SYLVANIA is a leading manufacturer of lighting
devices and will provide energy saving light bulbs that can be
operated from anywhere through the Xfinity Home platform.
COMCAST CORP A (CMCSA): Free Stock Analysis
AT&T INC (T): Free Stock Analysis Report
TIME WARNER CAB (TWC): Free Stock Analysis
VERIZON COMM (VZ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Comcast along with OSRAM SYLVANIA will be the first MSO to offer
such remote controlled LED smart light bulbs that reduces nearly
83% of the consumer's billing cost and lasts 17.5 times more than
other incandescent light bulbs.
So, we believe that including such innovative products in its
Xfinity Home portfolio will not only boost Comcast's Xfinity Home
business but will also create a new revenue platform for the
company, going forward.
Customers of Xfinity Home solution, which is a cloud-based
service, are provided with a touch screen device, similar to a
tablet. The device allows the users to monitor their homes from
anywhere. Subscribers can also control their dwelling online
through iPad/iPhone applications. They will also get 24 hours
police and fire protection along with latest weather, sports and
traffic reports. These facilities come at a cost of only $40 per
The importance of home security solution is gaining momentum as
it has already lured other big players like
TIME WARNER CABLE Inc.
Verizon Communication Inc.
) to offer similar services at attractive rates to its
subscribers, thereby intensifying competition in the home
security market. Thus, to consolidate its position in the home
security segment, Comcast is continuously expanding its product
and service portfolio.
Currently, Comcast Corporation carries a Zacks Rank #3 (Hold).