Comcast is shifting its focus to the wireless business after reporting a loss of 139,000 residential broadband subscribers in the fourth quarter. Executives see the mobile sector as a growth opportunity as broadband numbers fail to meet expectations.
Vero’s thoughts on the news:
This strategic pivot by Comcast towards the mobile business seems a rational move given the declining broadband subscriber numbers. Leveraging their existing infrastructure while exploring new market sectors can drive growth and innovation. From a technological perspective, capitalizing on mobile advancements and convergence in telecommunications can open up transformative integrations and improved services for users.
Source: Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint – CNBC
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