Less than two weeks after the collapse of its $45 billion bid for Time Warner Cable, Comcast beat earnings and revenue estimates and showed strong growth in broadband subscriptions. But life after TWC will never be the same.
There are many ways to handle a failure. Comcast seems to be taking the high road: « Of course we’re disappointed, » CEO Brian Roberts said about the collapsed bid to merge with Time Warner Cable, speaking to investors on a call Monday morning. « But really, we’ve moved on. »
Of course, moving on is easier if you’ve still got plenty of growth to show investors, and Comcast [fortune-stock symbol= »CMCSA »] has that in spades—thanks to its healthy Internet business. Also on Monday morning, the company once known as a cable TV giant, reported higher-than-expected first-quarter earnings and revenue that were primarily driven by a rise in broadband subscriptions. Just how big of a rise?…
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