Comcast shares tumble as executive calls broadband 'intensely competitive'
Comcast shares fell Monday after Cable CEO called broadband "competitively intense," and expects to lose more than 100,000 customers in the fourth quarter.
Comcast warns of higher broadband losses on tough competition, hurricane hit
U.S. telecom giant Comcast on Monday forecast fourth-quarter broadband subscriber losses to exceed Wall Street estimates, hurt by tough competition from wireless providers and the impact of two hurricanes that rocked Florida.
Comcast seen taking ‘one step forward, two steps back’ in tough broadband market
Comcast’s narrowed broadband subscriber losses in the latest quarter offered some hope, but recent cautious commentary has dragged down cable stocks.
Comcast shares see biggest swing of year on projected broadband losses
Comcast's cable chief warned investors of a potential broadband subscriber loss of more than 100,000 in the fourth quarter.
Comcast Stock Sinks as Executive Warns of Broadband Subscriber Losses
Key Takeaways A Comcast executive warned that the conglomerate expects to lose 100,000 broadband subscribers in the fourth quarter.Comcast also sees average revenue per user at the low end of its previous estimate.
Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4
Comcast investors are reacting after management said it expects the company's broadband subscribers to decline by over 100,000 in the current quarter.
CRN20h
Comcast Business To Acquire Nitel For Network-as-a-Service, Security Push
Comcast Business announced its planned acquisition of network-as-a-service vendor Nitel for undisclosed terms.
Comcast: 2025 Looks Promising, But Can The Company Execute?
Comcast CEO reveals ambitious 2025 priorities, including broadband expansion and mobile market penetration, but faces execution challenges. Read why CMCSA is a Hold.
Business Wire21h
Comcast Business Expands Enterprise Capabilities With Acquisition of U.S. Managed Services Provider Nitel
Comcast Business today announced it has signed an agreement to acquire Nitel, a U.S. managed services provider headquartered in Chicago, from internat ...
SDxCentral19h
Comcast Business expands enterprise capabilities with acquisition of Nitel
Comcast Business announces acquisition of Nitel to enhance its enterprise service capabilities in connectivity and ...
Comcast upgraded to Buy from Neutral at Seaport Research
Seaport Research analyst David Joyce upgraded Comcast (CMCSA) to Buy from Neutral with a $46 price target The firm cites valuation for the ...
ChannelVision Magazine18h
Comcast Business to Acquire Nitel, Expand Enterprise Capabilities
Comcast Business signed an agreement to purchase Nitel, a Chicago-based MSP, from international private equity firm Cinven.
Comcast, Warner Bros Discovery enter multi-year distribution deal
Warner Bros Discovery signed a multi-year deal with Comcast that lays the groundwork for the European launch of the Max ...
Warner Bros. Discovery, Comcast Ink Distribution Deals Across Xfinity & Sky; Peacock Parent To Package Max, Discovery+ In Streaming Bundles
Comcast (and Warner Bros. Discovery have inked long-term agreements that will deliver WBD’s extensive portfolio of content to ...
Warner and Comcast Resolve ‘Harry Potter’ Dispute in New Distribution Pact
The companies finalized a cable distribution deal in which Warner has locked in higher fees for its networks while also ...