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CLAIM #15147 · Comcast Corp (CMCSA) · 2022Q2 earnings call · Jul 28, 2022 · due Jul 28, 2023

we certainly expect a return to residential broadband subscriber additions

Brian Roberts · CEO

PENDING
graded after results covering Jul 28, 2023 are reported

In context

years. The last bucket is increased competition. Fixed wireless is a new entrant in the marketplace and while there are likely to be significant long-term limitations, today’s excess capacity in wireless networks is creating what we believe to be a temporary opportunity targeted at value-oriented customers. We are not seeing fixed wireless have any discernible impact on our churn, but its early growth appears to be another contributor to our lower connect activity. In addition, we continue to compete against fiber in an increasing percentage of our footprint. Notwithstanding these industry and mostly macro-related factors, we remain extremely confident. We have spent decades investing and innovating to build a business that is well-positioned to succeed in the environment were seeing and we certainly expect a return to residential broadband subscriber additions. How do we plan to do that? Well we’re working hard to expand our footprint, taking advantage of growth in housing and businesses in our current markets, accelerating edge outs into new areas and we are playing offense when it comes to government subsidies. DOCSIS 4.0,: I’m also confident and frankly more excited in our ability to drive revenue and EBITDA growth even through our existing subscriber base alone. We’ve had a history of generating strong and steady ARPU growth as we continue to add tremendous value and improvement to the customer experience. Our margins are some of the highest in the industry which highlights the stability and operating leverage of our business, the diversification of our revenue streams, and the strength of our other important growth drivers in Cable. In par

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SEC filings for CMCSA · Claim quote is verbatim from the 2022Q2 earnings call.