Comcast Corporation (NASDAQ: CMCSA)'s leap into the mobile market could add billions to the company's service revenue, but
cable subscriber growth and retention remain job No. 1, according to Deutsche Bank.
Not exact matches
Comcast may have added
subscribers overall, but its NBCUniversal unit reported some weakness in
subscriber numbers, saying
growth in revenue was «partially offset by a decline in
subscribers at our
cable networks.»
Perhaps even more worrisome for
cable providers are services like HBO Now, which deliver what had been exclusive
cable content directly to
subscribers, and whose
growth is also accelerating.
Meanwhile,
cable revenue was $ 872 million, up from $ 870 million a year ago, as continued Internet revenue
growth and the pricing changes across all product types was mostly offset by television
subscriber losses.
Comcast Corp. posted strong first - quarter earnings
growth, despite continuing
cable TV
subscriber losses, and formally submitted its $ 31 billion proposal to buy Sky PLC, one of several deals it has contemplated that could transform its business and roil its rivals.