Comcast Wireless Revenue Rises 14.7% as Broadband Losses Reach 144,000

Comcast’s domestic wireless service revenue rose 14.7% in the third quarter, while broadband customer losses exceeded the year-earlier level and the company added 368,000 wireless lines. The company lost 144,000 domestic residential broadband customers in the quarter ended Sept. 30. That was more than the 91,000 lost a year earlier, but fewer than the 167,000 lost in Q2. Domestic broadband revenue fell 4.7% to $6.241 billion. Comcast’s total revenue dropped 6.1% to $29.298 billion from $31.198 billion. After adjusting for the Versant separation and the sale of Sky’s German operations, Comcast’s revenue rose 0.5% from a comparable $29.151 billion.

Source: TokenPost