For An ISP, Comcast Still Earns A Lot Through TV
Comcast might have more broadband subscribers than television subscribers, but it still wrings money out of the old group.By Evan Thomas | July 24, 2015
By the numbers, Comcast is now, first and foremost, an Internet service provider.
As of its most recent earnings report, the company claims 22.5 million Internet subscribers to its 22.3 million video subscribers.
This flip-flop was just a matter of time. Comcast marked a cable television loss of 144,000 subscriptions in the second quarter of 2014, and 69,000 this year, while Internet subscriptions jumped 203,000 this time last year and 180,000 in 2015.