International Trade Today is a Warren News publication.

S&P Predicts Comcast Revenue, Broadband Subs Down This Year

Comcast revenue will likely decline 0.8% this year before rebounding 3.2% in 2024, due to a weak global economy, increased competition from fixed wireless access and fiber, and sped-up pressure on its media business, S&P Global said Monday. It said…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

it's predicting U.S. broadband subscribers declining by 60,000 this year and 30,000 in 2024, with domestic video subscriber numbers dropping 12% this year and 11% in 2024. Comcast didn't comment.