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 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.
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 slides as broadband, video sub losses steal spotlight from results beat, Studio strength
Comcast reports strong Q4 earnings with a top- and bottom-line beat, raising dividend by 6.5% and announcing a new $15B stock buyback program.
'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.
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AT&T ends broadband service in NY: What that means for customers in our area
"While we are committed to providing reliable and affordable internet service to customers across the country, New York's ...
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 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 ...
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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UAMS recommended for $10.7 million in federal broadband funds
The National Telecommunications and Information Administration (NTIA) announced the University of Arkansas for Medical ...
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Alabama’s broadband expansion: A national model for rural connectivity
The state's progress is not just about connectivity—it’s about economic growth, education, and healthcare access for ...
Mike Sanders embraces his role as Oklahoma's chief broadband advocate
He says fast wireless connection will improve education and rural health care and be just as significant as electrification ...
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Quickline Connect First North Yorkshire Homes Under Gigabit Broadband Contract
Rural focused UK ISP Quickline has today announced that they've connected the first homes under their £73.5m state-aid ...