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Comcast shares plunge on anticipated broadband subscriber loss
Comcast (CMCSA) shares are under pressure after the company sounded the alarm of higher broadband subscriber loss in the fourth quarter. The decline represents the stock's largest intraday decline since April 25.
Comcast warns of higher broadband losses on tough competition, hurricane hit
U.S. telecom giant Comcast on Monday forecast fourth-quarter broadband subscriber losses to exceed Wall Street estimates, hurt by tough competition from wireless providers and the impact of two hurricanes that rocked Florida.
Comcast Cable CEO sees Q4 broadband subscriber loss of just over 100,000
Cable CEO says hurricanes will impact about 10,000 broadband losses in Q4. Comcast Cable CEO says competition remained
Comcast Stock Sinks as Executive Warns of Broadband Subscriber Losses
Key Takeaways A Comcast executive warned that the conglomerate expects to lose 100,000 broadband subscribers in the fourth quarter.Comcast also sees average revenue per user at the low end of its previous estimate.
Comcast expects broadband subscriber losses of over 100,000 in Q4
Comcast expects broadband subscriber losses to be a little over 100,000 in the fourth quarter, said Dave Watson, president and CEO of Comcast Cable at the UBS Global Media and Communications conference on Monday.
Comcast shares tumble as executive calls broadband 'intensely competitive'
Comcast shares fell Monday after Cable CEO called broadband "competitively intense," and expects to lose more than 100,000 customers in the fourth quarter.
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Comcast announces spinoff of NBCUniversal's cable assets
Media giant Comcast officially announced on Wednesday that it is spinning off some of its most well-known cable-oriented ...
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