Comcast plans to shut off all of its broadband customers in 10 markets by the end of 2017
Comcast, one of the largest providers of internet service in the US, plans to close all of the country’s internet service providers by the beginning of the year, including its fiber optic broadband network.
The announcement came on Tuesday from the company’s Chief Information Officer, Rob Wiblin, during an investor call.
“We’re going to shut down all of our broadband customers,” he said, explaining that the company plans to stop offering internet service as a way of diversifying its business.
Comcast announced plans to end internet services in October 2017.
Wibling said the decision to shut all of Comcast’s broadband customers off comes in part because of “challenges” it has faced in deploying the company, including competition from the internet giants, as well as a lack of a stable financial position.
The internet giants have a large market share of the broadband market in the United States, and Comcast is among them.
Comcast has also been a major player in the mobile phone and video streaming industry, which has struggled to make inroads in recent years.
In January 2018, the company announced that it would begin offering internet services as a free service, but has since scaled back that offering.
The company is now offering broadband in a handful of markets.
WIBLING: We have a big problem.
And I’m going to go into it in more detail, but our competitors have gotten better.
They’re making more money, and they’re getting better.
So we have a problem with the financial situation, and we’re going into it with a plan to get better.
But the challenge is, how do we diversify our business and how do you do it in a way that’s profitable, so we can keep growing our revenue?
Comcast has been a mainstay in the internet and television industries for decades.
But it is the only major provider of internet access in a large part of the US.
It is one of several internet companies to have been pulled off the market in recent decades.
The companies struggles with the internet’s evolution and its impact on the economy have prompted many internet companies, including Facebook, to sell off their businesses.
Comcast, however, has remained a dominant player in broadband and internet services, even as it struggles with rising costs.
WUBBLING: In addition to the cost of doing business, we’ve had a great business strategy.
It has been really a fantastic ride, the first and only one in the entire world.
But I think the challenge that we’ve faced is that our business model is a lot more dynamic than the competition.
That has to change.
We’re not just a competitor.
We have to be a good customer.
We know that.
We’ve got to be able to get it to customers in the way that we can.
That’s why I’m saying, you know, it’s a very, very difficult business model.
But that’s the way we’ve been doing it for the last 30 years, and that’s why we’re doing it now.