Comcast Faces Broadband Challenges Amid Pivot To Wireless Bundles, Wells Fargo Says

Comcast faces mounting pressure in its broadband business and a challenging pivot toward mobile convergence, according to analysts at Wells Fargo Securities. In an April 14 report, they trimmed estimates for Comcast’s media unit, NBCUniversal, as advertising revenues soften and costs tied to sports rights rise.

Comcast is in the …


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