Comcast sheds more broadband customers as competition mounts on core business

Comcast lost more broadband customers ‍than expected in the fourth quarter, as rivals lured away consumers with aggressive offers, ⁠piling pressure on the company’s mainstay business.

Promotional campaigns by high-speed fiber providers and the launch of cheaper fixed-wireless access internet services have deepened competition in the U.S. broadband market – ‌long dominated by ‌the likes of Comcast and Charter Communications.