Comcast is stuck in the broadband blues. Will it get better?

Comcast has been treading rough waters on the broadband front and it’s not going to get better anytime soon, according to Comcast Cable CEO Dave Watson. Watson shared the not-so-sunny prediction that Comcast expects to lose “just over 100,000” broadband subscribers in Q4 as the market remains “competitively intense.” Watson’s remarks threw Wall Street for a loop, causing company stock to nosedive more than 8 percent. Comcast for a while has been grappling with fiber competition, though it does deploy some fiber itself. It’s also dealing with pressure from the operators offering fixed wireless access (FWA). Both T-Mobile and Verizon recently doubled down on their long-term FWA targets. Comcast’s cable rival Charter also continues to shed broadband subscribers.