, Columnist
Comcast Shows Why It's Still the One to Beat
Its steady broadband gains and wireless ambitions should keep it ahead of competitors.
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Comcast Corp.'s stock surged to a record this week heading into fourth-quarter earnings. Now, it's evident there's still a bit more runway left for the $198 billion cable conglomerate.
On Wednesday, Comcast said video subscriber losses moderated at the end of 2017 and that it was able to sign up 350,000 customers for its broadband service, the unit CEO Brian Roberts says is "increasingly the epicenter" of the business. On top of that, it's attracted 380,000 customers for Xfinity Mobile, the new low-price wireless service that uses Comcast's Wi-Fi hotspots (with Verizon Communications Inc.'s cellular network as a backup).