Comcast cable video subscribers down 409,000 in 1Q 2020
Thursday, April 30th, 2020
PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended March 31, 2020.
Cable Communications
Total Customer Relationships increased by 371,000 to 31.9 million in the first quarter of 2020. Residential customer relationships increased by 360,000 and business customer relationships increased by 11,000. Total high-speed internet customer net additions were 477,000, total video customer net losses were 409,000 and total voice customer net losses were 89,000. In addition, Cable Communications added 216,000 wireless lines in the quarter.
Video Customers (thousands):
2018
--------------------------------------
1Q 2Q 3Q 4Q FY
------ ------ ------ ------ ------
Total 22,261 22,121 22,015 21,986
Net Additions (Losses) (96) (140) (106) (29) (370)
2019
--------------------------------------
1Q 2Q 3Q 4Q FY
------ ------ ------ ------ ------
Total 21,865 21,641 21,403 21,254
Net Additions (Losses) (121) (224) (238) (149) (733)
2020
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1Q 2Q 3Q 4Q FY
------ ------ ------ ------ ------
Total 20,845
Net Additions (Losses) (409)
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