) - the largest cable MSO in the U.S. - has planned to enhance
its in-house TV streaming services for Xfinity TV subscribers by
launching cloud computing technology-supported X1 DVR devices in
Boston. Later, it plans to deliver this service to other regions.
Increased usage of tablets and smartphones for watching TV
content has impelled Comcast to introduce such services to its
portfolio. Through X1 DVR devices, customers will have the
liberty to watch recorded TV shows at home or away.
Comcast is gradually deploying its next-generation Xfinity TV, an
on-demand Web-based service, for subscribers who have access to
both video programming and the Internet. Xfinity TV currently
covers 95% of the company's footprint.
Comcast also launched its innovative Xfinity Streampix, a
subscription based on-demand video streaming service. This is an
enhancement of the company's pay-TV offerings, which currently
provide traditional TV shows and Xfinity on-demand shows for TV
sets and broadband devices.
In the recently concluded fourth quarter of 2013, Comcast added
43,000 video subscribers compared with a net loss of 7,000 video
customers in the prior-year quarter. After a gap of 26 quarters,
the company reported such impressive results.
Such innovative value-added services will not only reduce
subscriber churn but will also drive revenue growth in the
upcoming quarters. Moreover, it will also help the company
safeguard its position against major cable and satellite TV
Time Warner Cable Inc.
Dish Network Corp.
Currently, Comcast Corporation carries a Zacks Rank #3
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