Jon Brodkin / Ars Technica - 2 years ago
  • Comcast could lose a significant amount of revenue in cities that build their own municipal broadband networks, a new analysis suggests.
  • Comcast and trade groups that Comcast belongs to made some well-placed political donations as elections next week in Seattle, Washington, and Fort Collins, Colorado could determine whether the cities pursue municipal broadband projects.
  • With that in mind, the Institute for Local Self-Reliance’s Community Broadband Networks Initiative analyzed how much revenue Comcast stands to lose if both cities build their own broadband networks.
  • “Evidence from other cities suggests that a real choice in broadband services could reduce Comcast’s revenues by millions of dollars per month,” the group, which advocates for municipal broadband projects, wrote in a policy brief.
  • That’s not much compared to Comcast’s overall revenue, which totaled $62.6 billion in the first nine months of this year. But Seattle and Fort Collins are just two cities out of Comcast’s national footprint that spans 39 states and Washington, DC.