Comcast's Broadband Subscriber Losses
(Reuters) – Comcast (NASDAQ:CMCSA) expects broadband subscriber losses to be a little over 100,000 in the fourth quarter, according to Dave Watson, president and CEO of Comcast Cable, at the UBS Global Media and Communications conference on Monday.
Shares of the company fell 5.5% in early trading as Wall Street analysts had forecast a loss of 64,400 broadband subscribers in the quarter, according to Visible Alpha.
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