Tuesday, 11 August 2009

Comcast COO predicts 40 percent WiMAX margin – USA

Stephen Burke, Comcast’s, Chief Operating Officer, has predicted that the operation will see a 40 percent margin by the end of the year from its WiMax offering. Burke is quoted as saying: "The product at the end of the year resets to $69.95 … And the combination product of the two has a very healthy margin. We were just talking about 40 percent margins. The margin is in excess of 40 percent, the combination once it resets to $69.95."

The service is a data only operation run over the Clearwire network. It can be accessed in Atlanta and Portland and by Q409 in Chicago, Philadelphia and Seattle.