EXCLUSIVE: As the coronavirus pandemic gradually releases its grip, Comcast seems to have managed through the worst of it, thanks in large part to its broadband operations.Last week, the company reported better-than-expected earnings.
Despite shedding nearly half a million pay-TV customers and reporting some softness at NBCUniversal, the company handily beat Wall Street forecasts by gaining 461,000 broadband customers.And what do those broadband customers want most during these times?
Video, naturally. Video accounted for 71% of all downstream internet traffic on Comcast’s network in 2020, the company says, a 70% increase over 2019 levels.
Read more on deadline.com
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