Thursday, February 17, 2011

Comcast Subscriber Losses Narrowed In Q4

In the quarter before its merger with NBC Universal (NSDQ: CMCSA) was complete, Comcast exceeded analysts expectations and also appeared to beat back talk of “cord-cutting,” at least for now. Advertising revenue was also up nicely in Q4, a reflection of the recovery that had been gathering steam all last year.

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