Comcast said Thursday that it promoted Cathy Avgiris to CFO of its cable division, effective July 1, and that she'll succeed Dave Scott, who is retiring after 20 years at the company.
CenturyLink said Wednesday that it'll offer download speeds of up to 1 Gbps in Omaha, Neb., providing more competition for incumbent cable operator Cox Communications.
Comcast is investing in advanced services that it can tack on to its Xfinity Home automation and X1 video products, including delivering DVR programming to new devices, executives told analysts Wednesday.
Comcast said Wednesday that it lost 60,000 basic video subscribers in the first quarter, while it gained 433,000 high-speed Internet and 211,000 voice customers.
Wall Street analysts said recent rate hikes will help Comcast post increased revenue for the first quarter when it reports earnings Wednesday, but that the nation's largest cable MSO will report that it dropped basic video subscribers during the period.
Comcast, Arris and connected TV and mobile phone manufacturer LG are among the industry players that will showcase multimedia products at The Cable Show in a new exhibit called The Observatory, the National Cable & Telecommunications Association said Monday.
Arris said increased spending from Time Warner Cable and international cable operators boosted its results for the first quarter.
Comcast said Friday that it launched a new Xfinity Home Gateway that can deliver speeds of up to 270 Mbps by using the 5.0 GHz radio frequency.
AT&T launched its Digital Life home security and automation service in 15 markets, where it will compete with similar products from Comcast, Time Warner Cable and Cox Communications.
AT&T Mobility today officially launched its long-awaited Digital Life home security and automation service, an effort aimed at growing its business beyond smartphones. The carrier's base home security service will start at $30 per month.