Comcast’s broadband business continues to be under pressure due to the rise of competitors, particularly in the 5G space.
Comcast’s latest earnings underline how the company’s business mix is changing as pressure builds on its traditional cable operations. While the group beat expectations on earnings in the fourth ...
Comcast said its fourth quarter was crimped by losses of broadband customers, a less robust slate of Universal movies and broader losses at its Peacock streaming service as the company navigates ...
Peacock, the streaming app of Comcast's NBCUniversal, revenue surged 23% to $1.63 billion from the same quarter in the prior year. Peacock's tally of paid subscribers was up 22% at 44 million, above ...
MANCHESTER, N.H.--(BUSINESS WIRE)--Comcast announced it has appointed Shawn Adamson to Senior Vice President of Comcast Business for Comcast Cable’s Northeast Division. In this role, Adamson will lead ...
“Subscriber losses were 181,000, as the early traction we are seeing from our new initiatives was more than offset by continued competitive intensity,” Comcast CFO Jason Armstrong said during an ...
Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, ...
Don't cheer just yet about the end of the Comcast-Time Warner Cable deal. — -- Some consumer advocates call the death of the Comcast-Time Warner Cable deal a victory for consumers, but it won't ...
Comcast’s trend of losing broadband customers continued in the fourth quarter as its wireless business posted higher revenue, despite adding fewer customers than Wall Street expected.