Comcast quietly fired hundreds in direct sales before Christmas

Hundreds of door-to-door salespeople for Comcast who walk neighborhoods and troll apartment complexes to pitch its telecom and TV services were called into company offices about two weeks before Christmas and fired, according to an employee and Comcast documents reviewed by the Philadelphia Inquirer, Daily News, and Philly.com. The Florida employee could not be identified because… Please follow and like us:

Read More

Net Neutrality And Bitcoin: Ending One Could Spell Doom For The Other

Ajit Pai, the chairman of the Federal Communications Commission (FCC), has all but hit the last nail in the coffin for net neutrality. In just a few more weeks, the body is expected to vote so that net neutrality protections could be eliminated. This has spurred discussions online and offline on the effect the elimination would… Please follow and like us:

Read More

Viacom stock drops amid cord-cutting fears; Paramount Pictures suffers another loss

Cord-cutting squeezed Viacom Inc. earnings as the owner of cable channels MTV, Comedy Central and Nickelodeon struggles to improve its fortunes in a more challenging media environment. Viacom said its revenue increased 3 percent to $3.3 billion in its fiscal fourth quarter, beating analysts’ expectations. However, domestic TV advertising revenue was flat and affiliate fees from… Please follow and like us:

Read More

Comcast lost 125K TV subscribers as cable giant pivots to broadband

PHILADELPHIA — The nation’s largest cable company lost 125,000 TV subscribers in the third quarter, as streamers, legacy competitors, and historic hurricanes chewed away at its customer base. But Comcast Corp. also maintained 5.1 percent revenue growth in its cable division with new high-speed internet, home security and 250,000 smartphone customers. Comcast’s chief financial officer, Mike… Please follow and like us:

Read More

Comcast-Charter confirm wireless deal with ‘no-adultery clause’

PHILADELPHIA — Comcast and Charter, the nation’s No. 1 and No. 2 cable operators, confirmed on Monday a deal to cooperate with each other on their wireless businesses, cutting off, for now, speculation that the country’s cable-TV operators and wireless companies would be merging into wireless-cable-internet giants. In the partnership deal, the companies agreed to seek… Please follow and like us:

Read More