NBC Universal gave Comcast a boost in the second quarter as the cable operator announced a 16 percent jump in profits.
Comcast also said it lost fewer pay-TV subscribers and saw broadband subscriber growth surge, besting its phone company rivals.
Net income rose to $1.02 billion, or 37 cents a share, from $884 million, or 31 cents a share, a year earlier, Comcast said in its second quarter earnings statement. Excluding certain costs, profit was up about 17 percent to 42 cents a share.
The company got a boost its NBC Universal unit. The second quarter was the first … Read more