Comcast’s buyer losses are slowing, which is not any shock since it is so arduous to go away

Comcast's customer losses are slowing, which is no surprise since it's so hard to leave

Whilst cable big Comcast tries to get greater by absorbing Time Warner Cable, its personal income grew within the final quarter to $sixteen.eight billion, up three.5 % from final yr, and internet revenue hit $1.ninety nine billion. Crucial quantity for a subscription enterprise although is what number of clients it has, and thru a historically sluggish quarter, it managed to sluggish the lack of complete “buyer relationships” to 25,000 from sixty six,000 for a similar interval final yr — though my good friend Ryan Block just lately came upon how troublesome ending that relationship might be. Extra of the purchasers that stay are choosing up web and telephone providers, because it has over 21 million excessive velocity web subscribers alone. You’ll be able to take a look at the numbers your self proper right here, I will be tuning in for the earnings name in a couple of minutes to seek out out if it has any new response to the current customer support controversy, internet neutrality and its battle with Netflix, or an replace on the $forty five billion TWC acquisition.

[Image credit: Associated Press]

Supply: Comcast

Extra Protection: Reuters, Bloomberg, AP

Tags: comcast, earnings, financials, hdpostcross

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