Friday, 27 October 2017

Comcast and Charter Lost a Ton of Cable Customers Last Quarter

Comcast and Charter Lost a Ton of Cable Customers Last Quarter

The hurricanes that hurt Comcast Corp. and Charter Communications Inc. have passed, but investors are still waiting for the storm clouds over the cable industry to lift. Comcast, the largest U.S. cable operator, posted the biggest loss in cable-TV customers in three years, while No. 2 provider Charter reported a drop that was almost four times what analysts had expected.
Read more: https://www.bloomberg.com/news/articles/2017-10-26/charter-s-customer-losses-rise-as-more-people-cut-the-cord?source=Snapzu

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