Comcast Loses More Broadband Subscribers Than Expected

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 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 Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
Comcast beats earnings estimates as broadband revenue rises despite customer losses
Welcome to WatchMojo, and today we’re counting down our picks for actors who walked away with a movie despite not playing the most important character. CNBC's Andrew Ross Sorkin reports on the company's quarterly earnings results.
Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'
Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.
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 ...
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...
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 ...
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 ...
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the ...
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Mount Rushmore State residents have plenty of internet options. These are the best to make your decision easy.
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.
Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
D with stock decline. Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, but its shares ...