Comcast Q2: Video Subscriber losses doubled, broadband customer increases reached record levels

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Video subscriber losses doubled and broadband customer increases reached record levels at Comcast in the second quarter, the first full quarter affected by COVID-19. Comcast lost 477,000 video customers in the period, more than double the 224,000 it lost in the prior year. At the same time, broadband had its best second quarter in 13 years, with subscribers rising by 323,000 in the period, compared to an increase of 209,000 in the same period in 2019. Comcast said the broadband growth did not include more than 600,000 additional high-risk or free Internet Essentials customers that receive service but were not included in reported results.


Comcast Reports 2nd Quarter 2020 Results Pandemic Pressures Comcast Q2 (Multichannel News)