Comcast Reaches One Million Digital Voice Customers

As you know, I first recommended Comcast Corp. (CMCSK/NASDAQ) last November. Key to my rationale was that the nation's largest basic cable firm would be adding subscribers to it menu of high-speed internet, digital phone service and other products.

Comcast's strategy is working. Wednesday the company announced it has added one million digital phone customers in less than two years.

This news comes on the heels of recently announcing it had become the first broadband provider to cross the 10 million high-speed internet customer threshold.

All this, and CEO Brian Roberts has been aggressively buying back stock.

This holding has been in the portfolio less than a year. And perhaps it's premature to reach conclusions.

But, gosh, it sure seems that Comcast's management one shareholder-friendly outfit.