0
Broadband

Comcast posts double-digit growth in Q1 after Sky takeover, cable growth

Thursday 25 April 2019 | 14:10 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Comcast reported double-digit growth in first-quarter results, driven by its takeover of European pay-TV provider Sky. Revenues were up 17.9 percent to USD 26.86 billion, and adjusted EBITDA increased 18.1 percent to USD 8.55 billion. Net earnings increased 16.7 percent to USD 0.77 per share, and free cash flow reached USD 4.6 billion, up from USD 3.1 billion a year earlier.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: Comcast / Sky
Countries: Europe / United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Comcast raises dividend 10% after solid growth in earnings, cash flow in 2019

Published 23 Jan 2020 13:42 CET | United States
Comcast has announced another 10 percent increase in its dividend, after reporting double-digit growth in underlying earnings and ...

Sky to double original content production with new Sky Studios unit

Published 13 Jun 2019 09:30 CET | Europe
Sky announced plans to more than double its investment in original productions over the next five years, supported by the new Sky ...

Comcast Business powers connectivity for Kraft Group, New England Patriots

Published 30 May 2019 10:58 CET | United States
Comcast Business is enabling the Kraft Group, the holding company of the Kraft family's many businesses, including the New ...

Comcast introduces new ad-free, on-demand movies service Hitz

Published 28 May 2019 17:30 CET | United States
Comcast announced plans to launch a new on-demand movies service called Hitz. The ad-free service will replace Cinemax and its ...

Sky Sports MD promoted to global Future Sport role

Published 15 May 2019 18:59 CET | United Kingdom
Sky has promoted Sky Sports managing director Barney Francis to the new position of CEO Future Sport at Sky, reports Broadcast ...

Sky adopts NBCUniversal's CFlight as global measurement standard

Published 02 May 2019 11:22 CET | United Kingdom
Sky is adopting NBCUniversal's CFlight as its global measurement standard across all Sky media content and platforms....

Comcast acquires Deep Blue Communications

Published 02 May 2019 10:05 CET | United States
Comcast completed the acquisition of Deep Blue Communications, a Latham, NY-based industry specialist in engineering, installing, ...

Last week in media: video and gaming up, music down, Walt Disney sets record, CEOs in the spotlight

Published 29 Apr 2019 07:00 CET | World
Quarterly results came in for the social media segment: Twitter (+12%), Snap (-6.5%) and Facebook (+7.4%). The two big ...

Comcast considers merger of Sky, NBCU pay-TV channels in UK, Germany - report

Published 08 Apr 2019 19:23 CET | Europe
Comcast is considering combining the German and UK operations of NBCUniversal with those of Sky, according to a letter sent to ...

Comcast unveils Infinity Flex streaming TV platform for internet-only subscribers

Published 22 Mar 2019 08:58 CET | United States
US cable operator Comcast has introduced Xfinity Flex, a new streaming service aimed at its internet-only customers. The service, ...

Comcast expands X1 video platform to businesses

Published 13 Mar 2019 16:53 CET | United States
Comcast has launched a new offer for the hospitality sector based around its X1 video platform, combining cable TV with a range ...

Comcast raises dividend as Sky takeover boosts Q4 growth

Published 23 Jan 2019 14:01 CET | United Kingdom
Comcast announced a 10 percent increase in its quarterly dividend, helping to offset plans to halt its share buyback after ...

Sky CEO Darroch to stay with company following Comcast takeover

Published 26 Oct 2018 09:18 CET | United Kingdom
The CEO of European pay-TV group Sky, Jeremy Darroch, says he intends to stay with the company following its takeover by Comcast, ...

Comcast passes 30 mln cable customers in Q3 as broadband growth continues

Published 25 Oct 2018 12:49 CET | United States
Comcast passed the milestone of 30 million cable customers in the third quarter, after adding a net 288,000 new customers in the ...





Calendar   /   Industry Events

23 Oct Orange Belgium Q3 2020
23 Oct Doro Q3 2020
23 Oct Airtel Africa H1 results
26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Megacable Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Telefonica Brasil Q3 2020
27 Oct Sequans Communications Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Ooredoo Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct ZTE Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
28 Oct Cognizant Q3 2020
29 Oct Facebook Q3 2020
29 Oct Telefonica Q3 2020
29 Oct Digital Realty Q3 2020
29 Oct HKBN FY results
29 Oct NTT Docomo fiscal Q2
::: More Calendar Items