Comcast raises red flag about unexpected customer behavior
The telecommunications giant is speaking up about a startling consumer trend.
Comcast (CMCSA) , the second-largest media company in the world, is not finding any relief from a startling change in customer behavior, despite recent efforts to reverse the trend. Amid this challenge, the company's CEO is calling out the source of the issue.
In Comcast’s first-quarter earnings report for 2025, it revealed that its net income declined by 12.4% year over year. Even though its domestic broadband revenue increased by 1.7% due to higher average rates, Comcast lost 199,000 broadband subscribers, which is a steeper loss than analysts predicted.
