Comcast to telecoms: Bring it on!

[SOURCE: CNN|Money, AUTHOR: Paul R. La Monica]
Brian Roberts, chairman and CEO of Comcast, which ended 2005 with 21.5 million subscribers, said that he doesn't worry about competition from the phone companies. Instead, he said the biggest challenge is from satellite TV companies like DirecTV and EchoStar. Roberts, speaking at the Media Summit New York conference, had especially harsh words for Verizon, which has begun offering television programming in some of Comcast's markets through a fiber-optic service called FiOS. "I think it does not show any economic promise," Roberts said, when asked about Verizon's efforts. "In the last 10 years, it has not gotten cheaper to string fiber optics to the home." He predicted that Verizon would wind up spending "gobs of money" to be only a fourth-tier player in video.
http://money.cnn.com/2006/02/08/news/companies/comcast/

* YOU LIKE GOOGLE? YOU’LL LOVE COMCAST
[SOURCE: AdAge, AUTHOR: Abbey Klaassen]
http://adage.com/news.cms?newsId=47808