Comcast reports increased sales on back of subscriber growth

1 May 2009

Comcast has reported a 6% increase in first quarter sales, to USD8.8 billion, on the back of higher than expected subscriber gains. The company’s broadband customer base increased by 329,000 to reach 15.3 million while its fixed line voice telephony customers numbered 6.8 million. The cableco said that two-thirds of its new internet customers migrated from rival telcos’ slower DSL lines.

United States, Comcast Corp (Xfinity, incl. Xfinity Mobile)