MCN Breaking News: Comcast Adds 6,000 Video Customers in Q4
Feb. 24, 2015
MCN Call for Submissions: #CableInTheCommunity
Comcast added about 6,000 basic video subscribers in the fourth quarter, and cable operating cash flow increased about 6.3% to $4.7 billion, as the company said it will raise its annual dividend 10% to $1 per share and increase its share repurchase authorization to $10 billion.
The basic video additions were less than the 46,000 additions in the same period last year, but helped push the operator to another improvement in full year video customer losses the company shed about 194,000 basic video customers in 2014, better than the 267,000 it lost in the prior year.