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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.

Bloomberg on MSN · 1d

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell 11% to their lowest level in more than two years after the company reported broadband subscriber losses that exceeded expectations and said “intense” competition in that business would continue.

Investopedia on MSN · 1d

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.

1don MSN

Comcast’s broadband woes may fuel the stock’s worst day in 16 years. What’s next?

Comcast Corp.’s stock fell 4% early Thursday, after the cable company’s fourth-quarter earnings topped estimates. But it ...

3d

US FCC will drop Biden plan to ban bulk broadband billing for tenants

Federal Communications Commission Chair Brendan Carr said Monday the agency will drop a proposed Biden administration plan to ...

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