Comcast offers new devices to Xfinity Mobile customers
Comcast (CMCSA), through its Xfinity Mobile, will now offer Apple Watch Series 4, the new 10.5-inch iPad Air, and the new 7.9-inch iPad mini, in addition to Apple’s iPhones to its Xfinity Mobile customers. Apple Watch will be available for purchase starting from June 28 in Xfinity Stores only, and the iPad is now available in Xfinity Stores nationwide.
Comcast’s Xfinity Mobile is the US’s first wireless service. The LTE network has 19 million Xfinity Wi-Fi hotspots and is available on most popular devices. Xfinity Mobile is available to Xfinity Internet customers, who can get unlimited talk time with messages by adding up to five lines. Customers can choose from either $12 per gigabyte or $45 per line for unlimited data.
Xfinity Mobile has gained immense popularity and has reached 1.2 million subscriber lines in 2018. The growth in Xfinity Mobile is expected to add to the cable revenues, which grew 4.2% year-over-year in Q1 2019. Notably, Comcast’s cable revenues have been sequentially rising for the past several quarters driven by strong growth in business services units, high-speed Internet, and wireless businesses.
However, video customers are consistently losing strength due to a decline in the number of customers subscribing to traditional video services, as a result of increasing cord cutting activity.
In Q1, Comcast lost 107,000 residential video customers in Q1 2019. Other pay-TV companies like AT&T, Dish Network, and Charter have also been losing their video customers. AT&T lost a net 544,000 premium TV subscribers, while Verizon lost 53,000 Fios video customers in Q1 2019. Cable giants including Dish Network lost 259,000 net pay-TV subscribers in Q1 2019, whereas Charter lost 152,000 residential video customers and 145,000 total video customers in Q1 2019.