Broadband

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A single-storey brick store with a dark fascia bearing the white Verizon logo and red check mark, a row of glass windows with an Open sign, and a mown lawn in front, beside a large green tree.
Business

Verizon Added 406,000 Phone Subscribers in the Third Quarter, Up From 44,000 a Year Ago. It Says It Spent 41 Per Cent Less on Promotions to Win Them.

Verizon said on 26 October that it added 406,000 postpaid phone subscribers in the third quarter, against 44,000 a year earlier, and raised its 2026 forecast to 1.1 million to 1.2 million. Revenue rose 1.5 per cent to $34.3 billion as equipment sales fell 9 per cent. Adjusted earnings rose 8.3 per cent to $1.31 a share.

The front of an Xfinity store in a brick retail building at dusk, with the white Xfinity sign above two black awnings, a bare young tree and a lit street lamp.
Media

Comcast Lost 144,000 Broadband Customers in a Quarter and Has Stopped Buying Back Its Shares. Its Parks Profit Fell 17 Per Cent.

Comcast said on 22 October that it lost 144,000 domestic broadband customers in the third quarter, against 91,000 a year earlier, while Peacock made $261 million and theme-park earnings fell 17.1 per cent. Share repurchases are paused until the separation of NBCUniversal and Sky, which Comcast expects to complete by the middle of 2027.