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Spectrum revamps internet service as customers exit
Yahoo Finance· 2026-02-03 19:03
Spectrum, which is owned by Charter Communications, continues to rapidly lose an alarming number of internet customers, despite recent efforts to reverse this concerning trend. Amid recent challenges, the company’s CEO is betting big on three new changes to attract and retain customers. In Charter Communications’ latest earnings report, the company revealed that Spectrum lost a whopping 119,000 internet customers during the fourth quarter of 2025. Spectrum has been losing internet customers in droves in ...
Xfinity Unveils Breakthrough Viewing Experiences for NBCUniversal's Coverage of the Milan Cortina 2026 Olympic Winter Games
Businesswire· 2026-01-30 15:15
Core Insights - Xfinity has introduced innovative viewing experiences for NBCUniversal's coverage of the Milan Cortina 2026 Olympic Winter Games, aiming to enhance audience engagement and accessibility [1] Group 1: Company Initiatives - The new features include advanced streaming options and interactive content designed to provide a more immersive experience for viewers [1] - Xfinity's initiatives are part of a broader strategy to leverage technology in sports broadcasting, aligning with industry trends towards enhanced digital engagement [1] Group 2: Industry Impact - The introduction of these viewing experiences is expected to set a new standard in the broadcasting of major sporting events, potentially influencing competitors to adopt similar technologies [1] - This move reflects the growing importance of digital platforms in the sports industry, as companies seek to attract younger audiences who prefer on-demand content [1]
T-Mobile quietly forcing employees to push new offer to customers
Yahoo Finance· 2026-01-29 17:47
Core Insights - T-Mobile is experiencing increased customer churn, with postpaid phone churn reaching 0.89% in Q3 2025, up 3 basis points from the same quarter in 2024 [1] - The company has raised monthly bills and made significant changes to phone plans, contributing to customer losses [2] - T-Mobile is implementing aggressive sales strategies, including performance metrics tied to new credit card sign-ups for employees [4][6] Customer Churn and Financial Impact - T-Mobile's postpaid phone churn has increased to 0.89% in Q3 2025, indicating a loss of loyal customers [1] - The rise in churn follows the company's decision to increase monthly bills and alter legacy phone plans, which has negatively impacted customer retention [2] Sales Strategies and Employee Pressure - T-Mobile has launched various promotions to attract customers back, including free phone line offers and competitive trade-in deals [3] - The company is pressuring employees to promote a new credit card, making it a performance metric for sales representatives [4][6] - Employees are categorized into three account statuses to facilitate credit card sign-ups, with instructions to push applications even when customers do not request them [7][8][9] Workforce Changes and Layoffs - T-Mobile is conducting layoffs across multiple departments, including account executives and sales managers, as part of a broader workforce reduction strategy [14] - The company has stated that these changes are part of a digital transformation initiative aimed at improving customer experience [18] - Recent leadership changes, including the replacement of the CEO, have prompted a shift in company strategy towards digital solutions [17] Competitive Landscape - T-Mobile faces heightened competition from Verizon and AT&T, which are offering more attractive deals to retain and attract customers [19] - The wireless market is becoming increasingly competitive, with many consumers considering switching to more affordable plans [20] - A significant portion of consumers (approximately 90%) are open to alternatives to traditional phone carriers, with cost being a primary factor in provider selection [22]
US telcos Q3 2025: Mobile carriers bundles and deals analysis
Yahoo Finance· 2025-11-07 18:47
Core Insights - The smartphone promotions in October 2025 highlight an escalating competition among US carriers for subscribers, with 623 promotions launched across various types [1] - Major carriers like Verizon, T-Mobile, and AT&T dominated the promotional landscape, significantly outpacing cable MVNOs [2] - Each carrier adopted unique strategies to attract customers, focusing on trade-in credits and device subsidies [3][4] Promotional Strategies - Verizon utilized large trade-in rebates and free content add-ons to promote its premium unlimited plans [3] - T-Mobile linked its biggest discounts to higher-tier plans, encouraging increased customer spending [3] - AT&T implemented a loyalty-focused approach, offering high-value trade-in deals to both new and existing customers without requiring top-tier plans [3] Performance Results - T-Mobile achieved 1 million postpaid phone net additions, the highest in the industry, with a churn rate of 0.89% [5] - Verizon maintained a churn rate of 0.91% while boosting device sales through value-packed offers [5] - AT&T added 405,000 postpaid phone customers with a churn rate of 0.92%, and 41% of its fibre broadband users also subscribed to AT&T wireless [5] - Spectrum and Xfinity collectively added nearly 900,000 mobile lines, resulting in approximately 20% year-over-year growth in mobile revenues [5] Future Strategy Outlook - Promotions are now a fundamental aspect of carrier growth strategies, providing consumers with significant device deals and perks [6] - The challenge lies in balancing aggressive acquisition offers with loyalty rewards to maintain subscriber momentum [7] - Carriers are encouraged to diversify promotional perks and collaborate with device manufacturers to enhance trade-in credits, aiming to attract both new and loyal customers [7]