Comcast video subscribers down 140,000 in 2Q 2018

PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended June 30, 2018.

Cable Communications

Total Customer Relationships increased by 182,000 to 29.8 million in the second quarter of 2018. Residential customer relationships increased by 147,000 and business customer relationships increased by 36,000. At the end of the second quarter, 68.7% of our residential customers received at least two Xfinity products. Total high-speed Internet customer net additions were 260,000, total video customer net losses were 140,000, total voice customer net losses were 16,000 and total security and automation customer net additions were 60,000.

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  22,121
Net Additions (Losses)          (96)   (140)
Advanced Services Customers*  15,055  15,171

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