Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus- Streaming Strategy’
NBCUniversal executives offered one statistic during the company’s Q4 earnings call that explains everything about why parent company Comcast is preparing to spin off the bulk of NBCU’s cable channels ...
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month. Shares of Comcast ( CMCSA) fell to their lowest level in more than two years Thursday ...
Comcast Just Gave Six Cities an Early Look at Lag-Free Internet
Comcast's L4S testing is bringing low lag internet to six American cities, with the goal to make it free for all of the ISP's customers.
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.
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Comcast customers in Hanover may experience issues calling 911
HANOVER COUNTY, Va. (WRIC) — Comcast customers in Hanover County may experience issues contacting 911 on Thursday. At around 11 a.m. on Thursday, Jan. 30, officials said Comcast had contacted Hanover ...
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Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year re ...
Charter shares tumble after Comcast's broadband losses
Investing.com -- 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 ...
CMCSA Earnings: Comcast Stock Plummets Despite Q4 Beats
Comcast (CMCSA) stock plummeted on Thursday despite the entertainment company posting strong earnings beats in its Q4 report. That starts with ...
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long ...
Comcast Surpasses Q4 EPS Estimates
Comcast exceeded expectations in its Q4 2024 earnings, driven by strong growth in its connectivity and media segments.
Comcast’s earnings beat offset by continued subscriber losses
Comcast Corp.’s stock fell 4% early Thursday, after the cable company’s fourth-quarter earnings topped estimates. But it ...
Comcast Posts Growth, Powered By ‘Wicked,’ Despite Losing Broadband Customers
Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” despite falling broadband customer numbers. Comcast lost 139,000 broadband customers in the ...