Tag: Comcast
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Comcast Lost Over 2 Million Cable TV Customers in 2023 as Cord Cutting Hits the Company Hard
Cord cutting is continuing to see growth in 2023 and now we know how hard it has hit Comcast. Comcast lost 2,036,000 cable TV customers in 2023. The company also lost 38,676 Internet subscribers in 2023. Comcast started the year by adding more than 32,000 new Internet subscribers but lost subscribers the remaining three quarters…
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The Recap: Price Hikes and Blackouts Teased, 5G Home Internet Soars, and More
It was a busy week of earnings, which meant subtle teases of price hikes? In the first week of earnings, we got major players like Comcast, Netflix, and all three major telecom players reporting their fourth-quarter results, and the numbers are interesting. We saw a continued rise in 5G home internet service, and perhaps a…
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T-Mobile, Verizon, and AT&T Adds Nearly 840,000 5G Home Internet Customers as Cord Cutting 2.0 Surges
The three largest telecom companies in the nation, T-Mobile, Verizon, and AT&T, combined to add nearly 840,000 5G home internet subscribers in the fourth quarter, establishing the legitimacy of Cord Cutting 2.0 and posing a real threat to cable providers like Comcast and Spectrum. T-Mobile was the clear winner of the trio, which all reported…
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Peacock Lost $2.75 Billion For Comcast in 2023, and Somehow That Was Good News?
Streaming service Peacock posted a massive loss in 2023, but executives at parent Comcast have some reason to be optimistic. The service added 3 million subscribers in the fourth quarter, but posted a loss of $825 million. For the year, Peacock lost $2.75 billion. While that seems like a lot — and it is —…
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Comcast, Spectrum, and Other Cable Companies Are Getting Smarter About Fighting Cybersecurity Threats To Protect You
With data breaches a pretty regular affair and your personal information constantly under threat of getting exposed, the battle against cybersecurity gets tougher all the time. The cable industry believes it can help, and on Tuesday laid out a set of policies to allow everyone from network engineers to cybersecurity professionals to take that fight…
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NBCUniversal Buying Warner Bros. Discovery or Paramount? Comcast CEO Denies Interest in Any Deals
The media industry is abuzz with chatter about potential mergers between the major players. Comcast CEO Brian Roberts is having one of it. “While there may be speculation on what we could do next, I’d like you to hear it directly from me,” Roberts said on the company’s fourth-quarter earnings conference call. “I love the…
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Comcast Hit With Another Class Action Lawsuit Following Data Breach
The last few months have been rough for Comcast. The cable TV company is facing another class action lawsuit following a massive data beach in December that exposed its customers’ personal data — likely including hashed passwords, contact details, the last four digits of social security numbers, and birth dates. Following its detection of the…
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Peacock Added 3 Million New Subscribers But Lost $825 Million In The 4th Quarter 2023
Today, Comcast announced its 4th quarter 2023 earnings report that showed it once again losing over 490,000 TV customers. Comcast did report that Peacock added 3 million new subscribers, down from the 4 million added in the 3rd quarter, but lost $ 825 million. In total, Peacock now has 31 million subscribers. “We capped off…
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Comcast Lost Over 389,000 TV Customers & Lost 34,000 Internet Customers in Q4 2023 as Cord Cutting is Speeding Up
Cord cutting is continuing to hit Comcast hard as the company has recently lost both TV and internet customers. In Comcast’s 4th quarter earnings report released this morning, the company reported it lost 389,000 video customer losses. That works out to over 4,200 Subscribers Every Day. The company lost 34,000 broadband customers for the quarter,…
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The Recap: Bally Sports Gets a Lifeline From Amazon, Comcast Prices Hike Hit, and More
Bally Sports has a white knight, and this may end up being a good thing for cord cutters? That’s the biggest headline in an action-packed week that also saw Comcast’s price increase hit and Tubi getting the rights to a hot international show. As always, there was a lot going on in the world of…