Comcast adds Internet customers; Box office pumps up revenue
NEW YORK (AP) — Despite a slowdown in subscriber growth, the Internet is still propelling Comcast.
The country’s largest cable company added 180,000 Internet customers in the April-June quarter, the smallest gain in at least two years. That brings its total Internet subscribers to 22.6 million.
Comcast’s Internet customers surpassed its cable customers in the second quarter, and the company finished June down 69,000 TV customers, to 22.3 million.
Fears about a larger Comcast’s dominance of the high-speed Internet market led to the downfall in April of its deal to acquire Time Warner Cable.
Regulators worried Comcast could undermine online video competitors by controlling how they reached many customers.
Comcast this month announced an Internet video service of its own — Stream — that will include broadcast channels and HBO for $15 a month.