October 27, 2023 BY PureContent
Loss of broadband subscribers triggers 8% shares drop for Comcast
The latest US subscriber numbers came in at 32.3 million. A year-on-year comparison shows a decrease of 18,000 subscribers, while Wall Street predicted an increase of roughly 3,600 subscribers. Yahoo Finance reported that Comcast management chalked the subscriber losses up to an increasingly competitive market, with mobile providers such as Verizon (VZ), T-Mobile (TMUS), and…
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