Technology

Comcast soars the most in five years after profit tops estimates

(Charles Mostoller/Bloomberg)
October 25, 2018 04:35 PM

Comcast rallied the most in more than five years after its focus on improving internet service paid off in the third quarter, with the largest U.S. cable provider posting a big increase in broadband subscribers. The company added 363,000 internet subscribers in the period, a 70 percent increase from a year earlier. Comcast has had only one previous quarter in the past six with larger broadband customer gains.

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