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Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Comcast sheds broadband, cable TV subscribers in Q4
Comcast continued to experience subscriber declines in its land-based broadband Internet and cable TV services during the fourth quarter. This article, Comcast sheds broadband, cable TV subscribers in Q4,
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
'Wicked' fuels strong Comcast revenue, cushions broadband subscriber losses
Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than made up for a larger-than-expected decline in broadband customers. The media and telecom giant also unveiled a $15 billion share buyback program.
Comcast Loses Broadband Customers, but ‘Wicked’ Movie Helps Power Growth
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” but broadband customer numbers fell. Comcast lost 139,000 broadband customers in the quarter,
8h
on MSN
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...
1d
Comcast introduces astoundingly good low-lag internet for gamers and video callers
Comcast is unveiling ultra-low lag connectivity when it comes to highly interactive applications like gaming, video conferencing and virtual reality.
8h
Comcast (NASDAQ:CMCSA) Ultra-Low-Lag Internet Proves Little Help
For communications titan Comcast (CMCSA), the earnings news overshadowed just about everything else. Recent word about a whole new kind of ...
1d
on MSN
Comcast is rolling out ‘ultra-low lag’ tech that could fix the internet
L4S pulls this off by giving internet packets an indicator that lets them know if they’ve run into congestion or queueing ...
9h
Why Comcast (CMCSA) Stock Is Tumbling Today
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...
2h
Comcast: Buy Rating Maintained Despite Challenges Due to Undervaluation and Potential Strategic Moves
Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...
6h
Comcast Teams With NVIDIA, Meta, And Valve On Game-Changing Low Lag Internet
The implementation of a new IETF standard could mean a huge reduction in network latency and packet loss for Xfinity ...
MyChesCo on MSN
5h
Comcast Introduces Nation’s First Ultra-Low Lag Xfinity Internet Experience With Meta, NVIDIA, and Valve
Comcast Introduces Nation’s First Ultra-Low Lag Xfinity Internet Experience with Apple, Meta, NVIDIA, and Valve ...
1d
Comcast launches new sports, video package for Xfinity Internet customers, including in CT
Comcast has announced a Sports & News TV package for Xfinity Internet customers to bring live news, sports, movies, shows and ...
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