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Technology Stocks : Net2Phone Inc-(NTOP)

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To: Mohan Marette who started this subject	2/24/2004 3:09:07 PM
From: carreraspyder	of 1556

re Mediacom and voIP, one of greenberg's tier 2 msos: Mediacom posts Q4 profit, tests 'lite' broadband Jeff Baumgartner, CED Mediacom Communications posted Q4 revenues of $258.8 million, up 8.3 percent, and a profit of $7.1 million (6 cents per share) compared to a net loss of $49 million (41 cents per share) a year ago. Mediacom, which has been hurt by DBS competition in rural markets, noted that it took "a restrained stance on matching promotional offers" in the quarter, resulting in a loss of 9,000 basic customers but sequential 3.5 percent growth in video revenues, which reached $213.1 million. On the advanced service front, the company said it make progress with video-on-demand rollouts and expects to launch digital video recorders sometime next month. The MSO noted that it is also testing a "lite" broadband service that could be marketed on a standalone or bundled basis. Mediacom also plans to hatch a bundling strategy by offering VoIP service in some undisclosed markets in the second half of the year.

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