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.
Charter Reports Fourth-Quarter Pay-TV, Broadband Subscriber Losses
The company lost 177,000 broadband customers to finish 2024 with 30.1 million subscribers. That reduction followed rival Comcast a day earlier reporting its total domestic broadband customer net losses came to 139,000 for the fourth quarter of 2024.
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.
Charter’s Broadband Subscriber Losses Add to Woe for Cable TV
Charter Communications Inc. lost 177,000 broadband subscribers in the fourth quarter, worse than expected amid a very competitive market for internet access.
Charter shares tumble after Comcast's broadband losses
Charter Communications (NASDAQ:CHTR) stock fell 6.3% following Comcast (NASDAQ:CMCSA)'s report of significant broadband subscriber losses, which also dragged its own shares down by 11%. The ripple effect on Charter's stock comes ahead of its own earnings report,
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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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Bedford OKs support letters for companies eying broadband grant funds
Four internet service providers who have performed broadband projects in Bedford County will receive a letter of support from ...
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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 ...
Alabama Political Reporter1d
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 ...