Comcast's value is in VoIP

According to SeekingAlpha, Comcast has a little telco under its skin with one-fifth of its value owed to its VoIP business. Comcast has long been offering digital voice bundles with its services as a way for consumers to replace their regular old landline service while helping the company compete with telco's that have been infringing on its broadband and TV offerings.

SeekingAlpha's column, written by analysts who run a stock analyzing web firm Trefis, claims that Comcast's Digital Voice division is the company's third most important business behind the Cable and Broadband segments. According to Trefis' system, Comcast's VoIP business represents about 19 percent of Comcast's stock value or about $10 billion. The report also claimed that Comcast has one of the largest VoIP market shares in the U.S. coming in at about 31 percent in 2009.

For more:
- read the SeekingAlpha report

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