Comcast(US:CMCSA) Zhi Tong Cai Jing·2025-10-30 15:16Core Viewpoint - Comcast's stock price declined, reflecting ongoing challenges in its broadband business, with a significant loss of subscribers for the tenth consecutive quarter [1] Group 1: Company Performance - Comcast's stock price initially dropped by 6%, later narrowing to a 3.58% decline, closing at $27.52 [1] - In Q3 2025, Comcast lost 104,000 residential broadband users, marking the tenth consecutive quarter of subscriber decline [1] - Despite the losses, Comcast remains the largest broadband service provider in the U.S. with 31.4 million users [1] Group 2: Industry Competition - The broadband market is experiencing intensified competition, particularly from mobile operators who have launched home wireless network plans [1] - Comcast's co-CEO Mike Cavanagh stated that the competitive landscape in the broadband market remains exceptionally fierce and is not expected to change in the short term [1]