Looking to leverage their investments in VoIP and broadband services, cable companies see growth from business as the next growth opportunity - and doubly so since revenue from consumer households is flat.
Comcast is looking to generate $2.5 billion annually from business services within a few years. Reporting Q1 2009 numbers last week, Comcast increased business service revenues 47 percent in the quarter to $176 million and describes the segment as "growing nicely."
Cox has said it wants to get up to $1 billion of commercial revenue this year. Cablevision has previously said that it expects its high-speed DOCSIS 3.0 services to get more traction with small businesses than residential customers.
For more:
- GigaOm piece recapping Comcast and Cablevison comments. Post [1].
Related articles
Cox Business to roll out SIP trunking later this year - FierceVoIP [2]
Cox Business 2009: 16 percent growth, $1B revenues - FierceTelecom [3]
Cox Business gets Ethernet recognition - FierceTelecom [4]
Links:
[1] http://gigaom.com/2009/05/01/cablecos-look-to-businesses-for-growth/#more-48018
[2] http://www.fiercevoip.com/story/cox-business-roll-out-sip-trunking-later-year/2009-03-18?utm_medium=rss&utm_source=rss&cmp-id=OTC-RSS-FV0
[3] http://www.fiercetelecom.com/story/cox-business-2009-16-percent-growth-1b-revenues/2009-03-17
[4] http://www.fiercetelecom.com/story/cox-business-gets-ethernet-recognition/2009-03-04