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Why Comcast’s Cable Revenues Continued to Grow in 4Q17

Why Comcast’s Cable Revenues Continued to Grow in 4Q17

Comcast’s (CMCSA) cable business generated revenues of $13.3 billion in 4Q17, an increase of 3.4% year-over-year (or YoY). In 2017, the cable segment grew 4.9% YoY to $52.5 billion. Revenues were mainly driven by strong growth in its business services units, followed by high-speed Internet and video.