Comcast video subscribers down 96,000 in 1Q 2018

PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended March 31, 2018.

Cable Communications

Total Customer Relationships increased by 273,000 to 29.6 million in the first quarter of 2018. Residential customer relationships increased by 244,000 and business customer relationships increased by 29,000. At the end of the first quarter, 69.3% of our residential customers received at least two Xfinity products. Total high-speed Internet customer net additions were 379,000, total video customer net losses were 96,000, total voice customer net losses were 54,000 and total security and automation customer net additions were 46,000.

Video Customers (thousands)

                                                                2017
                              --------------------------------------
                                  1Q      2Q      3Q      4Q      FY
                              ------  ------  ------  ------  ------
Total                         22,549  22,516  22,390  22,357
Net Additions (Losses)            42    (34)   (125)    (33)   (151)
Advanced Services Customers*  14,918  14,994  14,979  15,029

                                                                2018
                              --------------------------------------
                                  1Q      2Q      3Q      4Q      FY
                              ------  ------  ------  ------  ------
Total                         22,261
Net Additions (Losses)          (96)
Advanced Services Customers*  15,055

* Advanced Services Customers subscribe to DVR and/or HDTV services.