Comcast Fails to Gain Broadband Subscribers for First Time

Comcast failed to gain broadband subscribers for the first time in its history, a sudden downshift after many years of solid subscriber growth in that business.

The Philadelphia-based company, owner of Xfinity-branded broadband and cable services, the NBCUniversal media empire and the U.K.’s Sky TV business, posted higher revenue in the second quarter than it did a year ago, boosted by its movie-studio and theme-park businesses, which have rebounded sharply from their pandemic lows.

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