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Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell 11% to their lowest level in more than two years after the company reported broadband subscriber losses that exceeded expectations and said “intense” competition in that business would continue.
Charter Reports Fourth-Quarter Pay-TV, Broadband Subscriber Losses
The company lost 177,000 broadband customers to finish 2024 with 30.1 million subscribers. That reduction followed rival Comcast a day earlier reporting its total domestic broadband customer net losses came to 139,000 for the fourth quarter of 2024.
Charter shares tumble after Comcast's broadband losses
Charter Communications (NASDAQ:CHTR) stock fell 6.3% following Comcast (NASDAQ:CMCSA)'s report of significant broadband subscriber losses, which also dragged its own shares down by 11%. The ripple effect on Charter's stock comes ahead of its own earnings report,
Charter’s Broadband Subscriber Losses Add to Woe for Cable TV
Charter Communications Inc. lost 177,000 broadband subscribers in the fourth quarter, worse than expected amid a very competitive market for internet access.
PressConnects.com (Binghamton) on MSN
3h
AT&T ends broadband service in NY: What that means for customers in our area
"While we are committed to providing reliable and affordable internet service to customers across the country, New York's ...
16h
on MSN
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 ...
20h
on MSN
Comcast’s broadband woes may fuel the stock’s worst day in 16 years. What’s next?
Comcast Corp.’s stock fell 4% early Thursday, after the cable company’s fourth-quarter earnings topped estimates. But it ...
The News & Advance
2h
Bedford OKs support letters for companies eying broadband grant funds
Four internet service providers who have performed broadband projects in Bedford County will receive a letter of support from ...
Talk Business
11h
UAMS recommended for $10.7 million in federal broadband funds
The National Telecommunications and Information Administration (NTIA) announced the University of Arkansas for Medical ...
Alabama Political Reporter
1d
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 ...
19h
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 ...
1d
on MSN
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 ...
7d
on MSN
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 ...
1d
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 ...
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