Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses

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Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses

Post by Admin » Fri Jan 31, 2025 9:29 am

The broadband subscriber losses overshadowed the telecom and media giant's upbeat results and the announcement of a $15 billion share buyback program.

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Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending …

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