Comcast Loses Just 17,000 Subscribers in Fourth Quarter of 2011

Posted Thu Feb 16, 2012 at 11:00 AM PST by Dick Ward

Considering that the company lost 460,000 subscribers in the year, that number is incredibly small.

It may sound like a bit of a backhanded compliment, but Comcast just wowed the industry by losing a mere 17,000 customers. Nearly every cable provider – aside from Verizon – seems to be bleeding out, but Comcast seems to have found a way to stop that. Or at least delay it.

In the fourth quarter of 2010, Comcast lost 135,000 subscribers. In the fourth quarter of 2011, just 17,000. That’s a significant change to be sure, and goes to show that those trying to discount cable companies may be a bit premature.

Comcast chairman Brian Roberts says that one of the influencers that kept people on was TV Everywhere Xfinity, which allows customers to watch on their portable devices as well as in their homes.

Source: Home Media Magazine

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Tags: Industry Trends, Cable Providers, Comcast (all tags)