October 29, 2020

CNBC: Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign

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2020-10-29 00:00:00, Lauren Feiner, CNBC

Content Categorization
/Internet & Telecom/Service Providers
/Business & Industrial
/News/Business News/Company News

Word Count:
614

Words/Sentence:
22

Reading Time:
4.09 min

Reading Quality:
Adept

Readability:
13th to 15th

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Entity Word Cloud
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534,000 net adds expected, according to FactSetNBCUniversal's Peacock now has nearly 22 million sign-ups.

Todd Williamson | Peacock | NBCUniversal | Getty ImagesThe company reported its best quarterly customer results in its history, adding more than 633,000 high-speed internet customers.

Cable added more broadband customers in the first nine months of the year than in all of 2019, Comcast reported, including nearly 1 million customers in the second and third quarters.

Comcast also reported better-than-expected net customer additions for high-speed internet service and further growth to its new streaming service, Peacock.

The service, which offers free and paid options, had 10 million sign-ups when Comcast last reported earnings in July.

Keywords
Social media, CRB GLOBAL INDEX, business news, AMC Entertainment Holdings Inc, Breaking News: Earnings, Media, Mobile, Earnings, Breaking News: Technology, Politics, Technology, Comcast Corp

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