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Comcast, broadband
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 broadband customers. Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.
Comcast’s Strategic Shift Amid Broadband Challenges: Hold Rating Justified by Market Uncertainties
Comcast (CMCSA – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Benjamin
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 Shares Tumble
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 as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
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 quarter,
2d
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 ...
2h
Comcast’s Growth Prospects Hampered by Broadband Challenges and Rising Competition, Says Analyst with Neutral Rating
J.P. Morgan analyst Sebastiano Petti has maintained their neutral stance on CMCSA stock, giving a Hold rating today.Invest with Confidence: ...
1d
on MSN
Comcast introduces ultra-low lag internet for gamers and streamers
Comcast has announced a new ultra-low latency connection that promises almost zero lag during gameplay and video calls.
2d
Comcast launches new sports, video package for Xfinity Internet customers, including in CT
Comcast has announced a Sports & News TV package for Xfinity Internet customers to bring live news, sports, movies, shows and ...
6h
Best Internet Providers in Washington, DC
Verizon Fios is our choice for the best internet service provider in Washington. It's available in most of the city and ...
1d
on MSN
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 ...
1d
on MSN
Comcast's Q4 Profit Boosted by ‘Wicked,' Peacock
Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at ...
1d
on MSN
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 ...
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