Comcast CEO Brian Roberts stated the company is at an inflection point, emphasizing that new competitive offers are successfully reducing churn and driving significant wireless growth, following recent announcements regarding the NBCUniversal refocus and a cable networks spin-off.
- Wireless growth has increased by 18% due to new competitive offers, including five-year price guarantees and free phone lines.
- The company recently affirmed its $1.32 dividend and announced plans for an NBCUniversal refocus and a cable networks spin-off.
- The stock is trading at $31.39 (+0.08%), building on recent positive momentum that saw shares gain 5.5% following the Q4 report.