Sunday, July 5, 2026

Competition intensifies in broadband and media markets

See Comcast Plans Company Split as Competition Escalates by Jessica Toonkel and Gareth Vipers of The WSJ. Excerpts:

"Comcast up pointing triangle plans to separate its media and connectivity businesses, dismantling an earlier bet on combined entertainment and distribution as it navigates intensifying competitive pressure."

"company leaders believe the media and connectivity businesses should stand alone as publicly traded companies, providing more opportunity to pursue deals and better compete."

"it became clear greater flexibility would help the company navigate the increasingly challenging broadband and media markets, people familiar with the matter said."

"Comcast has been working to stem broadband and cable TV subscriber losses"

"Broadband businesses have been challenged by cellphone carriers offering home internet service beamed over the air. Elon Musk’s Starlink satellite connectivity company has added further competition for providers." 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.