Comcast Is Ready to Flex Its Muscle
Some investors believe that traditional cable companies could be big losers as linear television gives way to streaming video. Comcast (NASDAQ: CMCSA) wants to challenge this notion, and it's innovating to take on streaming, and the wireless market, at the same time.
In fact, Comcast's Xfinity Flex is a secret weapon that should have other streaming devices shaking in their circuits. The introduction of the Flex should accomplish two goals. One, to protect its profitable Internet subscribers from leaving for other services. Two, to make sure that Comcast is the gateway to streaming services instead of its rival Roku.
Along with the Flex, Xfinity Mobile might be the ultimate added bonus for Xfinity Internet subscribers. The wireless service may offer a better price for subscribers than they currently receive from larger carriers. Much like the Flex, Xfinity Mobile is also a retention tool for those all-important Internet subscribers.
Source Fool.com
