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Summary:

Microsoft (NSDQ: MSFT) has decided to sell its 7.3 percent stake in Comcast (NSDQ: CMCSA), according to an SEC filing (via Tech Trader Daily…

Microsoft (NSDQ: MSFT) has decided to sell its 7.3 percent stake in Comcast (NSDQ: CMCSA), according to an SEC filing (via Tech Trader Daily). Microsoft had owned 150,935,575 Class A common stock in cable operator. The decision appears to reflects the bad economy to a small extent. But mostly, it signifies Microsoft’s disinterest in the cable business.

Microsoft began its $1 billion investment in Comcast in June 1997, said Bernstein Research analyst Craig Moffett in an investor note. That was when Microsoft had a short-lived interest in becoming a major player in the cable set-top box business. In May 2007, Comcast stopped using Microsoft

  1. Good move by Microsoft, I believe! I anticipate that Comcast will be bankrupt within two years.

    The rapid changes being undergone by the Internet in terms of free service, the shifts in telephone technology, and the slow transition in high definition digital television all predict doom for the service.

    Comcast's inability to provide their advertised service speeds in many areas, due primarily to low signal levels at customers homes, coupled with other broadband throttling considerations will inevitably lead to their demise.

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  2. David – There are a number of errors in this piece, but I'll just point out the major one – Microsoft actually has a number of major TV service providers as customers for its IPTV platform, including British Telecom, Deutsche Telekom, Singtel, Portugal Telecom and a large Chinese IPTV service provider.

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  3. Comcast’s inability to provide their advertised service speeds in many areas

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