this post was submitted on 30 Oct 2023
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124
Comcast Falls as NBC Owner Sheds Broadband, Cable Customers (finance.yahoo.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Comcast Falls as NBC Owner Sheds Broadband, Cable Customers::(Bloomberg) -- Comcast Corp. slid the most in more than a year after reporting drops in broadband and cable subscribers, and predicting more losses to come.Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Israel Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Cord-

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[–] remotelove@lemmy.ca 7 points 1 year ago

It's just a projection miss, not a massive shift. Comcast has ~32 million broadband subscribers so a decline of 18k is only ~0.06%.

I believe the article talked about Xfinity and their 5G subscriber increase as well. That is not surprising since they were doing some really shitty dark pattern stuff on their website for it. It wouldn't surprise me if half those people didn't even know they had signed up for it.