Comcast Is Borrowing a Page From the Silicon Valley Playbook and Winning With Technology

While most cable-TV operators, and both satellite-TV providers, are grappling with accelerating subscriber losses, Comcast  (CMCSA) - Get Report  continues to add customers to its video service, called X1, arguably the most advanced set-top box on the market. The device, which allows the viewer to more easily search for shows and movies, has been adopted by more than 50% of its subscriber households, the first time a majority of its customers are using the X1.

By year's end, Comcast expects the X1 to have been installed 60% of its user's homes, Finance Chief Michael J. Cavanagh said in an investor conference call.

READ MORE: Comcast Bucks Cable-TV's Downward Trend as X1 Box Gains Customers

This article was written by a staff member of TheStreet.