Comcast targets multi-gig broadband expansion and wireless growth in 2025
He emphasized the company’s resilience despite intense competition in broadband and challenges from the end of the ACP program. Michael Cavanagh announced a new strategy to accelerate wireless growth ...
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 ...
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long ...
Comcast price target lowered to $44 from $50 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on Comcast (CMCSA) to $44 from $50 and keeps a Buy rating on the shares. The company’s Q4 ...
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 ...
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 ...