Comcast video subscribers down 4,000 in 2Q 2016
Wednesday, July 27th, 2016PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended June 30, 2016.
Cable Communications
Video customer net losses of 4,000 were the best result for a second quarter in over 10 years, high-speed Internet customer net additions of 220,000 were the best result for a second quarter in 8 years, and Voice customer net additions improved to 64,000.
Video Customers (thousands)
2014 -------------------------------------- 1Q 2Q 3Q 4Q FY ------ ------ ------ ------ ------ Total 22,601 22,457 22,376 22,383 Net Additions (Losses) 24 -144 -81 6 (194) Advanced Services Customers* 12,634 12,730 12,786 13,043 2015 -------------------------------------- 1Q 2Q 3Q 4Q FY ------ ------ ------ ------ ------ Total 22,375 22,306 22,258 22,347 Net Additions (Losses) -8 -69 -48 89 (36) Advanced Services Customers* 13,215 13,337 13,466 13,871 2016 -------------- 1Q 2Q ------ ------ Total 22,400 22,396 Net Additions (Losses) 53 -4 Advanced Services Customers* 14,158 14,356
* Advanced Services Customers subscribe to DVR and/or HDTV services.
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