💡 Comcast is expecting bad times!

Shares of Comcast $CMCSA experienced a significant shakeout last week, falling nearly 10 %. Management announced that it expects a decline of more than 100,000 broadband subscribers in Q4 . That's well above the consensus estimate of analysts, who had predicted a loss of around 63,300 customers. 📊

According to Comcast Cable CEO Dave Watson, these challenges come at a time when competition in the market is reaching new heights. Companies like Verizon $VZ, T-Mobile $TMUS and AT&T $T are expanding with more attractive offerings aimed at price-sensitive customers. A combination of aggressive competition, seasonal fluctuations, and even unpredictable events such as the recent hurricanes in the Southeastern U.S. have added to the pressure on revenues and profitability. 🌪️

📺 Cord-cutting: the end of cable TV in sight?
Another issue facing Comcast is the continued outflow of TV subscribers. In Q3, the company lost another 365,000 customers who preferred cheaper streaming services. This trend, known as "cord-cutting," is reshaping the entire media industry.

But the company is responding proactively. It recently announced the creation of a new entity with the working title SpinCowhich will cover most of the cable television networks NBCUniversal, such as USA Network, CNBC, MSNBC, Oxygen or Golf Channel. The goal is to manage these assets more effectively and prepare for future changes in the industry. 🛠️

📈 What to watch out for next?
Competition in telecoms. Verizon a T-Mobile may be interesting alternatives for investors looking for more stable growth.
Long-term trends: streaming continues to dominate and open up opportunities for both technology players and content providers.

What sectors or companies are you watching? What is your view on the telecom sector and who do you see as the winners?