Comcast Chief Bullish on Broadband Growth

Comcast is poised to deliver a record quarter of broadband subscriber gains as the media giant slowly pulls out of the economic trench caused by the pandemic. Brian Roberts, chairman-CEO of Comcast, said the cable giant is preparing to report net broadband adds for the third quarter of more than 500,000, a record for the company. Roberts emphasized the importance of the company’s position as one of the world’s biggest broadband providers, calling high-speed internet service “the heart and soul of the company.” “Broadband in general is a fantastic business for us and will have great growth in the years ahead,” Roberts said. For the year, Comcast is on track to “greatly exceed” 2019’s benchmark of 1.4 million net broadband adds.