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Comcast To Roll Out Phone Features Integrated Into Internet, TV
Services Starting August
(InvesTrend Via Acquire Media NewsEdge)
July 24, 2008 (FinancialWire) Comcast Corp. (NASDAQ: CMCSA) said that
it soon will offer new features as visual voicemail integrated with its
Internet and television services.
Aside from Embarq Corp. (NYSE: EQ), which in April unveiled a home
smart phone, traditional phone companies are behind cable companies in
deploying integrated smart features.
Comcast and other cable providers are grabbing a share of the market
for voice services. The company's phone service, which has 5.15 million
subscribers, is growing by double digits as the company's basic cable
TV business matures.
Cable phone plans have become popular because of their set monthly
price, generally for unlimited local and long-distance calling, and
because they are usually bundled at a discount into a TV and Internet
plan.
Comcast has been testing new features such as a universal address book,
visual voicemail and caller ID for TV. It will start rolling out these
services nationwide in August, and they will be available in most
Comcast markets by the end of 2008.
Comcast also plans to introduce a cordless phone for the home with a
screen that can access weather, sports scores, e-mail, but not
attachments, a local directory and contacts, among other features.
Shares of Comcast rose 22 cents to close at $20.05, while shares of
Embarq rose 35 cents to close at $47.37 Wednesday.
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