Subscribe to RSS - Comcast

Comcast

Investor speculates on Monitronics outlook

 - 
Wednesday, April 23, 2014

Greater visibility, broader market acceptance and (for some central stations) more wholesale monitoring accounts are just some of the benefits often mentioned in connection with the entrance of cablecos and telecoms into security.

A recent Wholesale Monitoring study by the Barnes Associates (co-sponsored by the CSAA and SSN) largely attributed the 19 percent growth the segment enjoyed in 2013 to the influence of the new entrants. To be sure, there seems to be a prevailing belief that the rangy, big-money advertising campaigns of such companies can be the proverbial “rising tide that lifts all boats.”

That’s not to say there’s no ambivalence. That was apparent enough in a recent SSN News Poll that dealt with the topic. A number of readers expressed concern about the long-term viability of smaller players in the home security space, given the influx of these major corporations who have already made inroads into the home through Internet and cable, and thus have that previously established “stickiness.”

That ambivalence was also reflected in a recent analysis by Rajiv Bhatia on Seeking Alpha, a crowdsourced platform for investment-based ideas, who discussed what the new market players could mean for Ascent Capital, the holding company of Monitronics. Bhatia acknowledged that the company faces “increased competition” from the large new cableco/telecom entrants, which he says are gaining traction despite unsuccessful forays into the market in the past.

Regarding Monitronics’ business model, Bhatia offered a mixture of encouraging and somewhat cautionary words:

“While management and sell-side analysts believe that Ascent is better insulated from competition via its dealer-only business model, Ascent faces upward pressure on the multiple it pays for its dealer contracts from competitors. Additionally, its growth through its internal channels is weakening.”

Those multiples, he noted earlier, are based on an RMR multiple of 50. Ascent faces “upward pressure on the multiple it pays to acquire contracts,” he said.

With more than 1 million subscribers, Monitronics trails only ADT in terms of marketshare in the alarm monitoring space. It will be interesting to watch what happens to the market presence of both companies as the cableco/telecom ads continue to appear on our television screens.

Readers warming up to stand-alone home automation

Most News Poll respondents say security companies should at least offer a smart home-only package
 - 
08/07/2013

YARMOUTH, Maine—In June, Comcast, a relative newcomer to the industry, rolled out Xfinity Home Control, which allows homeowners to control lights and thermostats and remotely view rooms in their homes without what was traditionally the foundation of such a package: a home security system.

iControl woos app developers

 - 
Wednesday, July 24, 2013

This week, iControl Networks, the software platform used by ADT’s Pulse, and a number of cable companies, including Comcast's Xfinity Home, Time Warner Cable's IntelligentHome and Rogers Smart Home Monitoring, announced that it’s launching an Android App Partner Program, called the “FastTrack App Partner Program.”

It’s an initiative that will “allows Android apps to be easily and quickly certified compatible with touch screens that support the iControl Converge deployment solution, which powers leading home solutions,” iControl said.

In a prepared statement, Jason Domangue, iControl's VP of ecosystem development, said that program opens a new distribution channel for app developers. "FastTrack makes it easy and seamless for app developers to team with leading cable service providers for in-home distribution, and increases comfort and convenience for consumers by providing unique, innovative apps tailored for the smart home."

IControl announced the first five members of the partner program: Life360, which provides location and communication for families; MapQuest, which provides maps and traffic information; News Republic, which provides customizable global news alerts; TuneIn, which provides online radio and music streaming, and the Weather Channel, which provides detailed forecasts and future radar.

An app developers kit is available on the company’s website. “Certified applications will live in iControl's marketplace and become accessible to millions of consumers around the globe,” the company said.

Does retail sell security short? Readers split on value of stores

 - 
06/25/2013

YARMOUTH, Maine—Selling home security at retail stores is one of the hottest trends in the industry. Comcast, AT&T and Lowe’s are among the big players doing it, and some smaller companies are carving a niche there as well. But the majority of SSN poll respondents see it as something else: a fad that won’t be supported in the long run by customers.

Comcast’s new offering: Home control minus security

Xfinity Home Control is for customers who don’t want a security system but want home management features
 - 
06/19/2013

PHILADELPHIA—A mantra in the industry today is that customers want more than a basic home security system—they want extras to control their lights and thermostats and remotely look in on kids and pets. But Comcast Cable believes there are customers out there who don’t want a security system but still would like those useful features—so it’s offering a new product just for them.

Time Warner going retail with IntelligentHome

The company is offering the home security/home management product in its stores nationwide
 - 
06/19/2013

NEW YORK—Time Warner Cable is joining the new trend of retailing home security by offering IntelligentHome, its home security/home management product, in its several hundred retail stores nationwide, according to Adam Mayer, VP of IntelligentHome.

Meet the Class of 2013

More women, lots of interest in technology in this year's class
 - 
06/12/2013

YARMOUTH, Maine—The editors of Security Systems News are pleased to present the “20 under 40” Class of 2013.

Comcast launches new home control, energy services

 - 
06/11/2013

PHILADELPHIA— Comcast this week announced the launch of Xfinity Home Control, a new home automation product under the Xfinity Home umbrella of services.

Influx of telecoms, cablecos into security not alarming, study says

According to IMS Research, the new players will help boost the home penetration rate very rapidly over the new few years
 - 
06/07/2013

AUSTIN, Texas—The penetration rate for U.S. residential intruder alarm products will increase by 5 to 8 percent during the next three years, aided by the entrance of new telecom and cableco players in the market, according to a recent study from IMS Research, now part of IHS.

Comcast, Osram Sylvania form agreement

 - 
06/06/2013

PHILADELPHIA, Pa., and DANVERS, Mass.—Media and technology giant Comcast has entered into an agreement with Osram Sylvania, a lighting solutions company, to deploy the company’s light bulbs in Xfinity Home, Comcast’s automation platform, according to a news release.

Pages