What Comcast’s Subscriber Dynamics Look Like
Comcast‘s (NYSE:CMCSA) broadband services have the highest number of subscribers closely followed by its cable tv division, with voice over IP (VoIP) far behind at less than 12 million.
Comcast’s cable TV subscribers are falling as U.S. digital content consumers are cutting cable tv cords in favor of online streaming services such as Netflix, Hulu, etc. This is the reason why Comcast’s broadband subscribers are increasing in number. Last year, broadband surpassed cable TV in terms of number of subscribers. In the wake of cord cutting and growing affinity towards streaming video services, the company inked a deal with Netflix to make the latter’s services available to its subscribers through its TV boxes.
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