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CLAIM #15263 · Comcast Corp (CMCSA) · 2023Q2 earnings call · Jul 27, 2023 · due Dec 31, 2024

That being said, to your question, we believe, over time, we will return to subscriber growth.

David Watson · CEO, Comcast Cable

PENDING
graded after results covering Dec 31, 2024 are reported

In context

ent the base. And we've consistently focused on the starting point high-end broadband activity in tiers, a third of our customers-plus are on 1 gig, and we've launched our new 2-gig service to 25% of our footprint, and overall, 75% of our customers or for 100 megabits or more. So, we're going to continue to leverage mobile, and we're going to press aggressively with mobile, and even new broadband partners, like NOW TV, which is a great streaming video tier that showcases Peacock. And the net of this is a stable base, 32 million residential broadband customers, and while protecting resi broadband ARPU growth. You saw us do that in Q2 at 4.5% ARPU growth. But in this environment, we're still competitive in lower activity superior to flux, and in some quarters, we may report customer losses. That being said, to your question, we believe, over time, we will return to subscriber growth. And certainly we're seeing more normalization. Back-to-school is going to happen in Q3. And most certainly there's some seasonal normalization. But over time, I'm confident that we will be able to balance this formula of ARPU, focus, and over time, getting back to the subscriber growth. Mike? Michael Cavanagh: Thanks, Dave, so, hey, good morning, Ben. So, I think I'd just add a point, that if you look back at the first-half of the year, what Dave and his team have been doing and continue to do in terms of setting the broadband business, which is obviously extremely important to the future of the company, up for long-term success by continuing to improve our product, add innovation around it, segment the base, extend the footprint, all the things that you want to see happen, and while prot

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SEC filings for CMCSA · Claim quote is verbatim from the 2023Q2 earnings call.