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Stock impact report

Comcast sheds more broadband customers as wireless competition mounts [Yahoo! Finance]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Company Research Source: Yahoo! Finance
Promotional campaigns by ?high-speed fiber providers and the launch of cheaper fixed-wireless access internet services have deepened competition ?in the U.S. broadband market - long dominated by the likes of Comcast and Charter Communications. Comcast on Thursday said it lost 181,000 broadband customers in the quarter, compared with an estimate of 173,780-user decline, according to data compiled ?by Factset. To compete better ?now, Comcast has decided not to raise prices this year, while revamping packages and bundling services. Analysts, however, do not ?expect any meaningful customer growth until 2027. Comcast reported total revenue of $32.31 billion for the three months ended December, in line with estimates of $32.35 billion, according to data ?compiled by LSEG. Its performance was helped by a strong showing at ?its theme parks business, which comprises Epic Universe in Orlando. The unit posted revenue growth of 21.9%. The company's Peacock streaming service added 3 m Show less Read more
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