Comcast Cable CEO says fiber is the main long-term competitor

“The main long-term competitor for us is fiber,” says Comcast Cable CEO Dave Watson. Comcast is in the process of rolling out mid-split upgrades and preparing for the launch of DOCSIS 4.0. Comcast doubled mid-splits year over year and now reaches 40% of its footprint. Watson said the company has previously been asked if it’s holding back on network investments to manage capital intensity. He said, “We’re not holding back one bit. We’re in position with where we’re building, where we're doing upgrades and where we’re ushering in multi-gig symmetrical. We’ve gone up against fiber for a very long period of time, and I think we have a good road map for how to compete.” In addition, the company is growing passings. Recently, Comcast touted a rural broadband project in Stafford County, Virginia, highlighting that this is a public-private project between Comcast and the county. The cable company says it is involved in public-private partnerships across its national footprint.