Brian Steinberg Senior TV EditorComcast said first-quarter profit rose due largely to increases in business at its cable and Sky operations, while its NBCUniversal business continued to recover from the results of the coronavirus pandemic.The Philadelphia media giant said first quarter profit rose 55% to $3.33 billion, or 71 cents a share, compared with$2.1 billion, or $4.6 billion in the year-earlier period.
Revenue rose 2.2% to $27.2 billion from $26.6 billion in the year-earlier period, largely on new broadband and wireless subscriptions at its large cable business and improvements at its European Sky unit.
Overall, Comcast said it had added 461,000 new high-speed internet customers.But the company also faced challenges. Revenue fell at.
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