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Comcast stock sinks
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 broadband customers. Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.
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 and failed to add more subscribers to its Peacock streaming service.
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Peacock had 36 million subscribers during the most recent quarter, up year over year but flat from the prior period.
Comcast, internet
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
In a press release today, the company introduced what it calls a first in the nation -- ultra-low-latency internet designed for gaming, videoconferencing, and virtual reality. The technology has been in testing since 2023.
Comcast Launches Low-Latency Upgrade for Video Calling, VR, and Games
The low-lag feature is free but only available for some apps on a subset of the Philadelphia cable giant’s network.
Comcast introduces ultra-low lag internet for gamers and streamers
Comcast has announced a new ultra-low latency connection that promises almost zero lag during gameplay and video calls.The Latest Tech News, Delivered to Your Inbox
13h
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 ...
4h
on MSN
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.
12h
on MSN
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 ...
14h
on MSN
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’
Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on ...
4h
Comcast: Buy Rating Maintained Despite Challenges Due to Undervaluation and Potential Strategic Moves
Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Comcast (CMCSA – Research Report) yesterday and set a price target of ...
16h
on MSN
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” ...
16h
on MSN
Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock
Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at ...
5h
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 ...
10h
Why Comcast (CMCSA) Stock Is Nosediving
Shares of telecommunications and media company Comcast (NASDAQ:CMCSA) fell 12.5% in the morning session after the company ...
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