Any notions that Comcast (NASDAQ: CMCSA) would be able to escape the cord-cutting phenomenon have been decidedly put to rest.
After bucking industry trends and gaining 161,000 subscribers in 2016, the cable giant has lost pay-TV customers for each of the last two quarters. Comcast added 42,000 cable customers in Q1, then lost 34,000 in Q2, and another 125,000 in Q3.