Comcast lost 117,000 tv/viedo subs last quarter.
The Philadelphia-based company lost 117,000 video subscribers in the quarter, leaving it with about 22 million. Video subscriber losses have slowed for eight quarters in a row, which the company said was due to better customer service and fewer in-person service calls. Analysts were looking for an average decline of 123,000.
Comcast is mainly losing subscribers to telecom and satellite TV providers. Verizon and AT&T already reported combined gains in the quarter of 317,000