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Comcast’s Video Subscriber Losses Accelerate in First Quarter

By Jessica Toonkel
· · Source: The Information

Comcast lost 409,000 video customers in the first quarter, more than twice of what it lost last quarter. At the same time the company added 477,000 high-speed Internet customers, slightly up from last quarter. The cable giant told investors on an analyst call Thursday that it expects the rate of video customer losses to increase as people look to cut costs as a result of the economic downturn. ...

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