Comcast projects margins above 40% for WiMAX service - FierceWireless

Comcast said that once its mobile WiMAX service resets to $69.96 per month, the company expects to achieve margins in excess of 40 percent. The cable company also plans to be begin reselling Clearwire's mobile WiMAX service in Chicago, Philadelphia and Washington state later this year.

Comcast COO Stephen Burke told analysts on the company's earnings conference call this morning that the service is being bundled with the company's other high-speed broadband services, and is attracting lapsed DSL subscribers. The most interesting part of his comments were about the margins for the service: "The product at the end of the year resets to $69.95," Burke said." And the combination product of the two has a very healthy margin. We were just talking about 40 percent margins. The margin is in excess of 40 percent, the combination once it resets to $69.95..."