Bad broadband beats keep hitting Comcast. Can wireless save it?
Bad broadband beats just keep on coming for Comcast due to pressure from fiber and other wireline competitors. Something has to change to salvage the business, and the company thinks doubling down on convergence just might be the answer. Comcast in 2025 intends to lean more into the wireless segment “than ever before,” stated President Mike Cavanaugh on the Q4 earnings call. This comes after Comcast suffered worse-than-expected broadband subscriber losses, shedding 131,000 residential broadband customers. The operator already offers some Xfinity mobile and internet bundles, but plans to include wireless with more “higher tier” broadband products in the coming months, Cavanaugh said.
Bad broadband beats keep hitting Comcast. Can wireless save it?