Cable's Replacing of Video Subs With Broadband Subs Slowing, Moody's Says

The rate at which cable companies replaced lost pay-TV subscribers with broadband subscribers slowed in Q1, Moody's said Monday. It said that growth was driven by Comcast and Charter Communications, which had broadband growth of -0.3 percent and -0.5 percent, respectively, and have nearly 80 percent of the sector's subscriber count.