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July 27, 2016 10:00 pm

Comcast Excited To Have Lost 4,000 TV Subscribers This Spring

An anonymous reader writes from a report via The Consumerist: Comcast has released their second quarter results and they are happy to announce that they lost 4,000 TV subscribers in the last three months. Why are they so happy to announce such a loss? Because, compared to the same time last year where they lost 69,000 TV subscribers, the loss this year is much better for them. Comcast said in a statement to investors that "video customers net losses improved to 4,000, the best second quarter result in over 10 years." That Consumerist reports: "That means that for the most than a decade, the best Comcast can do in April to June of every year is to lose only 4,000 TV subscribers. At this time last year, Comcast reported 22.3 million TV subscribers, and at the same time this year, they report roughly 22.3 million TV subscribers. The major driver of increased subscriptions comes, as you'd guess, from broadband. Comcast reports an increase of 220,000 broadband customers in the second quarter which, in the overall growth of the company, entirely offsets a lost of 4,000 TV viewers."

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