Comcast Faces 10th Consecutive Quarter Broadband Losses Amid Rising Competition

Comcast and Charter Communications are both facing significant challenges in their broadband businesses due to increased competition from fixed wireless, fiber connections, and changing consumer preferences favoring streaming over traditional cable TV. Comcast reported its tenth consecutive quarter of broadband subscriber losses, shedding 104,000 customers in Q3 2025, though its mobile service gained 414,000 new lines, the best quarterly addition on record. Despite a 2.7% revenue decline to $31.2 billion and an 8.2% drop in net income, Comcast's streaming service Peacock reduced its losses and maintained 41 million subscribers. Similarly, Charter Communications saw a 0.9% sales decline and a 3.5% drop in video subscribers but gained 493,000 mobile lines, reflecting a strategic shift to integrate linear TV with streaming via a new app store. Meanwhile, Birla Cable Ltd, a telecommunications cable manufacturer, experienced a 61% decline in net profit year-over-year, highlighting broader sector pressures. Both major US providers are responding with new pricing strategies and mobile offerings to counteract subscriber losses and sustain revenue streams.