Comcast video subscribers down 106,000 in 3Q 2018
Thursday, October 25th, 2018
PHILADELPHIA — Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended September 30, 2018.
Cable Communications
Total Customer Relationships increased by 288,000 to 30.1 million in the third quarter of 2018. Residential customer relationships increased by 258,000 and business customer relationships increased by 30,000. At the end of the third quarter, 68.0% of our residential customers received at least two Xfinity products. Total high-speed internet customer net additions were 363,000, total video customer net losses were 106,000, total voice customer net losses were 35,000 and total security and automation customer net additions were 42,000.
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 22,015 Net Additions (Losses) (96) (140) (106) Advanced Services Customers* 15,055 15,171 15,276
* Advanced Services Customers subscribe to DVR and/or HDTV services.
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