Citing an increasingly challenging economic and competitive environment, Comcast trimmed its financial guidance.
Revenue Generating Units (RGUs) are now expected to increase by approximately 6 million to 57 million, versus previous guidance of approximately 6.5 million additions. This represents a significant increase compared to the 5 million RGUs added in 2006. Comcast said this RGU growth is expected to contribute to cable revenue growth for 2007 of approximately 11%, compared to previous guidance of at least 12%, cable operating cash flow growth of approximately 13% as compared to previous guidance of at least 14%, and consolidated operating cash flow growth of approximately 13% as compared to previous guidance of at least 13%.
Cable capital expenditures are expected to be approximately $6.0 billion for the year, a 5% increase from originally issued guidance, reflecting increased advanced digital set-top box purchases, the Company's digital acceleration program, expanded network enhancements and acquisition-related investments.
Reflecting the impact of all the items described above, Comcast's consolidated Free Cash Flow is expected to be approximately 80% of 2006, compared to previous estimates of 2007 consolidated Free Cash Flow of at least 90% of 2006.
http://www.comcast.com
Revenue Generating Units (RGUs) are now expected to increase by approximately 6 million to 57 million, versus previous guidance of approximately 6.5 million additions. This represents a significant increase compared to the 5 million RGUs added in 2006. Comcast said this RGU growth is expected to contribute to cable revenue growth for 2007 of approximately 11%, compared to previous guidance of at least 12%, cable operating cash flow growth of approximately 13% as compared to previous guidance of at least 14%, and consolidated operating cash flow growth of approximately 13% as compared to previous guidance of at least 13%.
Cable capital expenditures are expected to be approximately $6.0 billion for the year, a 5% increase from originally issued guidance, reflecting increased advanced digital set-top box purchases, the Company's digital acceleration program, expanded network enhancements and acquisition-related investments.
Reflecting the impact of all the items described above, Comcast's consolidated Free Cash Flow is expected to be approximately 80% of 2006, compared to previous estimates of 2007 consolidated Free Cash Flow of at least 90% of 2006.
http://www.comcast.com
Warrior comes to Cisco from Motorola where she was executive vice president and chief technology officer. She was named Motorola's CTO in 2003 and held numerous positions at the company over her 23 year career, including corporate vice president and general manager of Motorola's energy systems group and corporate vice president and chief technology officer for Motorola's Semiconductor Products Sector (SPS). Warrior holds a M.S. degree in chemical engineering from Cornell University and a B.S. degree in chemical engineering from the Indian Institute of Technology (IIT) in New Delhi. 

, a fixed-line integrated telecommunications competitor in Mexico. The deal gives AXTEL the ability to provide additional virtual private network (VPN) and data services via CFE's extensive fiber optic network.
http://www.verizon.com
Under the new deal, BSNL plans to deploy Redback's SmartEdge 800 multi-service edge routers for multiple broadband services to more than 200,000 broadband customers in Bangalore and Chennai, India. By the end of 2007, Redback will help BSNL add more than 2.5 million broadband subscribers. Over the next three years, BSNL hopes to sign up to six million broadband subscribers.




