Comcast is competing ‘really well’ in broadband: CEO

Comcast has continued to shed broadband subscribers, despite domestic broadband revenue being a bright spot in its second quarter (Q2) earnings. CEO Brain Roberts noted average revenue per user (ARPU) for broadband grew “four and a half percent” in the first half of 2023. As to what’s driving Comcast’s broadband growth, Roberts pointed to an influx of broadband usage, which “almost doubled” in the last couple of years. The average non-linear video customer uses 700 gigabits of data per month, he said. And in the last four years, the company has seen "13 times more attached devices to Wi-Fi than we did in 2018…and we’ve got a billion devices attached in our homes.”