Reported 2 days ago
Comcast anticipates significant broadband subscriber losses exceeding Wall Street estimates for Q4, largely due to intense competition with wireless providers and the aftermath of two hurricanes in Florida. The company expects losses to exceed 100,000, compared to analyst predictions of 64,400. The ongoing competitive landscape and the conclusion of the Affordable Connectivity Program have further exacerbated the situation, impacting Comcast's customer retention.
Source: YAHOO