Comcast Hears Growing Buzz for Premium TV

Comcast (CMCSA Quote) won't have to access the capital markets in the next five years "for any reason," President Brian Roberts said Wednesday.

Roberts, whose father co-founded Comcast in the 1960s, said the company was in its best financial health since he'd been on the job, though he didn't specify which particular job.

Speaking at the Smith Barney Entertainment, Media & Telecommunications Conference, Roberts also spoke positively about the performance of advanced services including video-on-demand and high-definition television. He also took issue with some of Wall Street's financial analysis of his company's performance.

Comcast became the nation's largest operator of cable TV systems in late 2002, when it acquired systems owned by AT&T (T Quote). The operator, which now has 21.4 million subscribers to basic cable, has spent the past year cutting its debt and reorganizing operations at the former AT&T Broadband systems. ...