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.
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