Comcast Allays Cord-Cutting Fears With Surge in New Subscribers
- Cable giant signed up 80,000 video customers in the quarter
- Company announces increased dividend, two-for-one stock split
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Comcast Corp. is living in a golden age of TV -- cable TV.
The largest U.S. cable operator gained TV customers in four of the past five quarters and added to its subscriber rolls for the first time in almost a decade, countering a trend of precipitous decline in traditional pay-TV and reclaiming market share from some telecom carriers and satellite-TV providers.