Comcast Sees 156,000 New Broadband Subscribers
Slows Number of Basic Cable Defections
Given that AT&T and Verizon have all but given up on landline broadband, and in some instances are literally driving DSL users into the arms of cable
, it's not too surprising to see cable operators outperform in broadband subscriber additions. AT&T and Verizon's unwanted users are good news for Comcast, whose second quarter earnings
show the company added a net 156,000 new broadband subscribers on the quarter. Comcast says they've also slowed their rate of cable TV defections, losing 176,000 cable customers, down from the 238,000 subscribers lost during the same quarter last year. Earnings were helped tremendously on the quarter by the fact that the average Comcast subscriber bill is now $148.57.