It’s hip2b2

You heard me right. Comcast is a really large cable TV service provider in the United States. They are also on their way to hitting the $1 Billion mark in terms of telephone-related revenues. Here is the scoop from GigaOM.

OK, they’re not quite yet to the $1 billion mark, but the $955 million yearly phone revenues figure1 announced during Comcast’s year-end conference call today shows the cable giant is moving much more quickly onto phone company turf than vice versa.

On the Voice over IP front, Comcast said it had signed up 1.5 million digital voice subscribers in 2006, giving them 1.9 million total, a user number roughly equal to that of independent VoIP provider Vonage. But just comparing Comcast to Vonage really doesn’t make sense2, since Comcast’s reach and market opportunity (with video and broadband services) eclipses Vonage’s POTS replacement biz.

This entire $955 million in phone revenues come from their voice-over-IP services. This is definitely a sign that voice-over-IP is definite a service people are willing to take and voice-over-IP is here to stay. With 1.9 million digital voice subscribers in the US, voice-over-IP is definitely becoming more and more mature. I wonder who VoIP will catch on in other markets such as our own?

This entry was posted on Friday, February 2nd, 2007 at 12:01 am and is filed under Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.