Comcast Cable reported revenue of $5.1 billion for Q1, representing a $453 million or 9.7% increase from the $4.7 billion in the first quarter of 2004. Comcast High-Speed Internet service revenue increased 32.5% to $925 million. Video revenue increased $178 million or 5.6% to $3.4 billion in Q1. Comcast added 414,000 cable modem customers in Q1 giving it a total of 7.4 million subscribers, representing a penetration rate of 18.3% of available homes. Average monthly revenue per subscriber was $42.81 in the first quarter of 2005, a slight increase from the first quarter of 2004. Comcast Cable added 200,000 new digital customers, giving it a total of 8.8 million subscribers. Digital cable penetration reached 41.1% of basic subscribers. Comcast has deployed a combined 1.6 million set-top boxes with DVR and/or HDTV programming capability, an increase of more than 1 million in the past year. More than 428,000 or 25% of these advanced set-top boxes were deployed in Q1, generating an incremental $5 to $10 of monthly revenue per box. CAPEX increased 8.5% to $883 million from the same period last year.
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...