Comcast video subscribers down 96,000 in 1Q 2018
Thursday, April 26th, 2018PHILADELPHIA — 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.
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