Cable Companies Profit From Demand for High-Speed Internet

Cable companies, which have been weighed down for years by heavy investments and sagging subscriber growth, are starting to turn the corner. ¶ Comcast Corporation, the nation's biggest cable operator, said today that it earned $262 million in the second quarter, after losing $22 million in the same period last year, thanks to an increase in the number of customers signing up for high-speed Internet and digital video services. ... The New York Times link