We broke all records in 2006, driven by our cable business.(a) Cable revenues increased 12%, to $26.3 billion. Operating cash flow(b) rose 15%, to $10.5 billion, making 2006 our sixth straight year — capping 26 consecutive quarters — of double-digit operating cash flow growth. During the year, our customers bought five million new products — or what we call "revenue-generating units" (RGUs)(c) — an increase of 69% from 2005. And each of our services — basic cable, digital cable, high-speed Internet and digital voice — added more new customers than ever before. We have real momentum. The past year was sensational, but 2007 and the future have the potential to be even better.
The big story behind these wonderful results is the rollout of Comcast's Triple Play.
Triple Play: It's a Whole New Ball Game
Our Triple Play offering of video, high-speed Internet and digital voice is just what consumers want. We can deliver our superior products in a compelling value package, providing a simple, convenient and attractive option for everyone. With one phone call and one installation visit, we become the primary provider of communications and entertainment services to the home — and at an introductory price of $99 a month, our biggest challenge has been to keep up with demand. With the widespread introduction of Triple Play to 70%, or 32 million, of the homes in our markets in 2006, consumers are embracing our Comcast Digital Voice® service, loaded with attractive features and with more to come.
clockwise from left:
Brian L. Roberts
Chairman and
Chief Executive Officer
Stephen B. Burke
Chief Operating Officer
President
Comcast Cable
Ralph J. Roberts
Founder
Chairman, Executive and
Finance Committee