Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
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 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,
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.
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'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 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 ...
Talk Business2h
UAMS recommended for $10.7 million in federal broadband funds
The National Telecommunications and Information Administration (NTIA) announced the University of Arkansas for Medical ...
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 ...
JD Supra10h
Federal Court Ends Net Neutrality for Broadband Providers
The Federal Communications Commission (“FCC”) lacks the authority to impose rules on broadband internet and mobile broadband providers, according to ...
Alabama Political Reporter15h
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 ...
AT&T ends broadband service in NY as Affordable Broadband Act begins
I’m very pleased that the Supreme Court has denied the legal challenge to the Affordable Broadband Act. I authored the Act ...
Herald Times Reporter (Manitowoc) on MSN1d
Manitowoc County Board passes resolution supporting plan for rural broadband expansion
Watchdog Wednesday has the latest on rural broadband connectivity, Two Rivers' street projects & trees at Washington Park in ...
Comcast Stock Is Plunging. Here’s What’s Overshadowing the Earnings Beat.
The cable and entertainment company reported a strong fourth quarter, but investors seemed focused on a drop in broadband customers.