Summary Box: Comcast's 3Q earnings, in brief

AP News
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Posted: Nov 02, 2011 11:38 AM
Summary Box: Comcast's 3Q earnings, in brief

BIG GETS BIGGER: Comcast Corp., the nation's biggest cable television company and Internet service provider, reported third-quarter results that show it increasing revenue and profits at a healthy clip.

THE COMPARISON: Time Warner Cable Inc., the second-largest cable company, and Cablevision Systems Corp., the fifth-largest, last week posted lower profits for the quarter, sending their stocks down.

TUNING OUT: Video subscribers kept canceling service in favor of competing satellite and phone-company video services, but outflow slowed to 165,000 customers, from 275,000 in the same quarter last year.