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Comcast shares closed down nearly 10% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects broadband subscribers to decline by over 100,000 in the current quarter.
Nvidia's quarter and data center growth. Why Comcast is spinning off its cable assets. MicroStrategy's unusual bond offering. Go to breakfast.fool.com to sign up to wake up daily to the latest ...
Comcast, after all, essentially said that a reason it’s jettisoning the declining cable networks (excluding Bravo) is to improve the core company’s growth profile and valuation, with a focus ...
Differing views about Comcast offloading its cable channels were evident on one of the affected channels, CNBC, during Wednesday morning’s business news coverage.
The ACSI indicates that almost half of all cable customers (regardless of company) have registered complaints, and that cable is the only industry to score below 60 in the ACSI. [1] Comcast's customer service rating by the ACSI surveys indicate that the company's customer service has never improved since the surveys began in 2001.
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The rates for cable services increased excessively, surpassing inflation. As a result, the Cable Television Consumer Protection and Competition Act of 1992 had been enacted by the U.S. Congress. The Act had the goal to restore Federal regulation of the cable television industry and respond to complaints about poor cable service and high rates. [2]