Comcast Forecasts Continued Customer Declines Amid Affordable Connectivity Program End

WASHINGTON, April 25, 2024 – Comcast Corporation executives indicated Thursday that they anticipate continued declines in their customer bases for broadband, cable TV, and wireline voice services through the second quarter in part due to the termination of the Affordable Connectivity Program. 

The media and technology conglomerate is urging Congress and the White House to renew funding for the program, which offers a $30 monthly discount on broadband bills for eligible low-income households. Full funding from the program is available only through April, with partial funding extending into May.