Comcast Sees Growth of Fiber Competition, CFO Says
About 50% of Comcast's footprint faces fiber competition, with that figure expected to reach 60% in the next few years and continue growing, its Chief Financial Officer Jason Armstrong said Thursday during a Morgan Stanley investor conference. Comcast adds roughly…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
300,000 wireless subscribers per quarter and will likely accelerate that pace with subscription deals, he added. It completed 850,000 line extensions in 2022 and is on track to do more than a million this year. It will likely exceed that figure in 2024, he said.