Analysts See Cable’s Broadband Growth Slipping as Wireless Momentum Continues
MoffettNathanson joined the recent chorus of a steeper-than-anticipated slowdown in broadband subscriber growth for the second quarter of 2022, expecting large operators like Comcast and Charter Communications to report less than half the customer gains they did in the first quarter, while wireless customer additions are anticipated to maintain their recent upward momentum. After its purchase by SVB Financial Group, MoffettNathanson was required to reinitiate its coverage of the sector, and on July 12 it did just that.