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Comcast plans to spin off media assets amid broadband subscriber decline

The Motley Fool +1 ·

CMCSA Comcast Corp
$22.36 +2.10%
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  1. 1Comcast plans to spin off NBCUniversal and Sky as separate listed companies.
  2. 2Comcast is expected to lose 558,000 broadband subscribers in 2026.
  3. 3Comcast is projected to lose 665,000 broadband subscribers in 2027.

So what's the key point?

Comcast is planning to split its broadcasting and telecommunications divisions into separate listed companies. Broadband subscribers are expected to decrease by approximately 665,000 in 2027.

Source The Motley Fool +1 · View original ↗

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