Comcast Beats on Broadband Losses and Wireless Adds
The cable giant improved its year-over-year subscriber losses for the first time since the fourth quarter of 2020.
The cable giant improved its year-over-year subscriber losses for the first time since the fourth quarter of 2020.
WASHINGTON, April 23, 2026 – Comcast’s broadband business had a good start to the year, losing much fewer subscribers than expected and adding its highest ever number of wireless lines.
The cable giant lost 65,000 residential broadband subscribers, an improvement of 117,000 over the same time last year. That’s the company’s first year-over-year improvement on that front since the fourth quarter of 2020, Comcast co-CEO Mike Cavanagh said on the company’s earnings call Thursday.
Comcast has been fighting to stave off broadband losses by offering price locks and bundling fixed and mobile plans, including free wireless lines for one year.
The carriers said they’re looking to foster competition in the direct-to-device space.
The company told the FCC that costs exceeded the amount of the award.
Researchers say make-ready expenses could cost up to $4.63 billion nationwide
The vote followed what broadband advocates described as a telecom industry-backed astroturf campaign.