Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
1. Comcast lost 139,000 broadband customers in Q4, alarming investors. 2. Executives plan to focus on growing mobile services amid broadband decline. 3. Shares dropped over 8% after the earnings report was released. 4. Growth slowdown attributed to competition from Verizon and T-Mobile. 5. Stable revenue doesn't offset losses in residential broadband customers.