Comcast Internet surpasses cable TV as cord-cutters continue to emerge

By Gabe Carey
Jul 24, 2015
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  1. [parsehtml]<p><img src="" /></p> <p>As <a href="">cord-cutters</a> grow ever more affluent in the TV-watching landscape, it should come as no surprise that Comcast <a href="">now provides</a> broadband Internet service to over 22.5 million subscribers, marginally outweighing its 22.3 million cable television subscribers.</p> <p>Although Comcast cable is raking in more cash than its Internet division -- recorded at $5.4 billion as opposed to broadband&#39;s $3.1 billion -- the company actually lost 69,000 cable customers and gained 180,000 high-speed Internet subscribers in the second quarter of 2015.</p> <p>&quot;In Cable, high-speed Internet and business services continued to perform extremely well,&quot; added Comcast CEO Brian Roberts. &quot;And, significantly, this was the best second quarter video customer results we&#39;ve had in nine years. Our focus on accelerating the deployment of our transformative X1 platform, as well as efforts to improve customer service, are clearly making a difference, with lower churn across all product categories.</p> <p>Still leading as the top cable company in the United States, Comcast first hinted that it would be rotating to a more Internet-focused business on May 4 when it announced the introduction of more broadband offerings in order to appease current and prospective Internet subscribers.</p> <p>The company has since revealed an over-the-top $15/month <a href="">video streaming service</a>, sporting networks like HBO, Fox, and NBC as well as a <a href="">video game streaming service</a> in conjunction with EA, no cable subscription or console required.</p> <p>Nonetheless, Comcast&#39;s attempts to win over consumers using shiny new streaming services is unlikely to make up for public perceptions of the company&#39;s borderline monopolization of the entire broadband market, not to mention its intent to roll out <a href="">data caps</a> to all of its customers by 2019. Unfortunately, in <a href="">most areas</a>, customers don&#39;t have much of a choice but to accept it.</p><p><a rel='alternate' href='' target='_blank'>Permalink to story.</a></p><p class='permalink'><a rel='alternate' href=''></a></p>[/parsehtml]
  2. wiyosaya

    wiyosaya TS Evangelist Posts: 1,935   +764

    As I see it, anyone who subscribes to the steaming services must be desperate to give comcast their money.
    oranuro likes this.
  3. "Unfortunately, in most areas, customers don't have much of a choice but to accept it."

    ...and therein lies the problem.
  4. Why should you buy a streaming service from Comcast when you can cut the cord and buy a roku ang get the streaming services of your choice at a lower price . the only thing good about Comcast is the internet .

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