PhiladelphiaComcast lost 144,000 US broadband customers last quarter.
Fixed wireless and fiber rivals are taking share from a company that once faced little competition.
Comcast’s finance chief called $30 to $40 fiber offers irrational because building fiber costs $1,500 or more per home.
Net income still rose to $3.45 billion from $3.33 billion a year earlier.
Comcast will book a charge of over $1 billion in the fourth quarter for a restructuring reportedly including job cuts.
How each outlet framed it
- Ars Technica
- quotes Comcast's "irrational competition" claim against fiber at $30–40 monthly, weighing it against the $1,500-per-home build cost
Sources: Ars Technica