Comcast now has more Internet users than TV subscribers


Comcast now boasts more Internet subscribers than those who have signed up for cable TV from the company, it reported in its quarterly results on Monday. As the largest cable provider in the nation, Comcast recently halted plans to buy Time Warner Cable for over $45 billion.

According to Bloomberg, Comcast’s numbers of Internet subscribers are as follows:

The company signed up 407,000 new Internet customers in the quarter, 6.2 percent more than it did a year earlier. The number also topped the 377,000 average prediction of six analysts’ estimates compiled by Bloomberg.

This is the first quarter in which there are less cable-TV subscribers than the number of Internet subscribers. The article continued:

The company is trying to add more broadband customers as the number of Americans signing up for cable-TV packages slows and more programming is offered through online services, such as Netflix Inc., prompting some people to…

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