Comcast Beats Expectations Inspite of Hemorrhaging Subscribers

Comcast reported a typically effective third quarter on Thursday but also announced that it misplaced a different 408,000 video clip subscribers. Those people losses consisted of 382,000 household subscribers and 26,000 company subscribers. 

That leaves Comcast with 18.55 million video clip subscribers, which remains the most of any U.S. cable corporation. Comcast had dropped 273,000 subscribers in the identical time period the year ahead of. Right after significant subscriber losses in the 1st 50 % of 2020 thanks to the start out of the pandemic, losses slowed throughout the sector in final year’s third quarter. 

Comcast shed just less than 400,000 in the second quarter of this 12 months soon after it dropped 491,000 in the initial quarter. According to FierceVideo, Comcast has lost 1.3 million online video subscribers so significantly in 2021. 

At the exact same time, Comcast attained 300,000 broadband web subscribers in the third quarter. Comcast

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