Comcast Loses 134,000 TV Subscribers as Cord Cutting Continues

Comcast's third quarter earnings report indicates that while the company managed to add 214,000 broadband subscribers last quarter, the company lost 134,000 traditional TV subscribers as the cord cutting phenomenon the industry used to claim didn't exist continues to accelerate. Comcast's earnings indicated that the company continues to see a decline in customers that bundle two or three services, and a notable spike in users interested in standalone broadband. Double and triple play users dropped by 79,000 since June to 9.919 million, while single-play customers increased by 125,000 to 8.055 million.
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