Comcast enjoys a growth in revenue thanks to slowed customer losses

Even as cable giant Comcast tries to get bigger by absorbing Time Warner Cable, its own revenue grew in the last quarter to $16.8 billion, up 3.5 percent from last year, and net income hit $1.99 billion. The most important number for a subscription business though is how many customers it has, and through a traditionally slow quarter, it managed to slow the loss of total “customer relationships” to 25,000 from 66,000 for the same period last year. More of the customers that remain are picking up internet and phone services, as it has over 21 million high speed internet subscribers alone.