Part 5/9:
Recent earnings reports reveal that Verizon added around 388,000 new subscribers to its 5G home internet service, suggesting a significant migration away from cable providers. Comparatively, major players like Comcast and Spectrum have been reporting a steady loss of internet customers, indicating a shift in consumer preferences toward alternatives like fiber and 5G home internet connections.
As competition intensifies within the market, it forces traditional cable companies to rethink their strategies, prompting them to offer more enticing deals to retain subscribers.