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Comcast sheds more broadband customers as wireless competition mounts
['Thu', 'January At Pm Gmt', 'Min Read']
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Jan 29 (Reuters) - Comcast lost more broadband customers than expected in the fourth quarter, as rivals lured away consumers with aggressive offers, piling pressure on the company's mainstay business.
Comcast on Thursday said it lost 181,000 broadband customers in the quarter, compared with an estimate of 173,780-user decline, according to data compiled by Factset.
To compete better now, Comcast has decided not to raise prices this year, while revamping packages and bundling services.
The unit posted revenue growth of 21.9%.
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