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Comcast revenue weighed by ongoing losses at Xfinity TV, Xfinity Internet; Peacock grows
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A utility truck for Comcast’s Xfinity TV and Internet service as pictured in Sacramento, California.
The company’s own wireless division, Xfinity Mobile, continued to be a bright spot, with Comcast logging another quarter of growth in that business unit.
Xfinity Internet, like similar services offered by other companies, continued to face pressure from fixed wireless and alternative broadband products.
Comcast lost 181,000 domestic broadband subscribers during the quarter, offset in part by growth in international markets.
Customers who stuck around with Xfinity TV and Xfinity Internet are taking advantage of the company’s generous savings through Xfinity Mobile, which operates on Verizon’s network.