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December 09, 2005
Follow the Money (in Hi-Def)
Comcast Corp. is expected to spend the same amount of money on capital expenditures in 2006 — $3.4 billion — as it did in 2005, according to a new research study by Sanford C. Bernstein.
Comcast's strategy of deploying high-definition digital video recorder combination boxes has put Comcast far ahead of competitors in HD-readiness. By the end of 2005, Comcast will have pre-positioned HD in 24% of digital homes.
For those of you who look for investment plays: these boxes are supplied by Comcast to their digital customers for free and it is Motorola who supplies them.
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