Comcast Says Mobile Service Has 380,000 Subs After 7 Months

January 25, 2018 by Matt Daneman|Industry Notes

Comcast's mobile service, Xfinity Mobile, ended 2017 with more than 380,000 subscribers signed up in its first seven months, 187,000 alone in Q4, executives said on an earnings call Wednesday. Comcast Cable CEO Dave Watson said the company is about to start packaging Xfinity Mobile with other offerings, such as broadband. NBCUniversal CEO Steve Burke said virtual MVPDs remain niche areas for NBCU: "We're talking about tenths of a percentage point." Burke said Google and Facebook dominate the growing digital ad sphere, but TV advertising "is roughly flat." He said Comcast's goal is more targetable TV ads, which accounts for the company's investments in BuzzFeed, Snap and Vox. Asked about deal prospects, company CEO Brian Roberts said there's "nothing we feel we have to acquire." Comcast said Q4 revenue rose 4.2 percent to $21.9 billion. It finished 2017 with 21.3 million residential video customers, down 185,000 year over year; 23.9 residential broadband customers, up 1 million; and 10.3 million residential voice customers, down 230,000.