Axios

Cable companies have managed to stay afloat amid the cord-cutting crisis thanks to their booming broadband businesses. But some analysts see that safety net beginning to fade. Jonathan Chaplin, managing partner at New Street Research, said that the firm has lowered its broadband subscriber estimates for the second time in 2022 for both Charter and Comcast. "We have limited conviction in a quick recovery, given limited visibility all around," he said regarding Charter. "We are hoping for a turnaround later in the quarter but have low conviction," he added about Comcast.