Cable’s broadband party could be ending, in a negative signal for Charter and Comcast

2 years ago 259

The Ratings Game

Published: Oct. 8, 2021 astatine 2:52 p.m. ET

Cable companies benefited from expanding involvement successful broadband during the pandemic, but sustaining maturation could get tougher from present amid heightened competition, per Wells Fargo

Justin Sullivan/Getty Images

The cablegram manufacture benefited from the increasing value of broadband during the pandemic, but it could beryllium harder for the companies to support up that momentum going forward.

Wells Fargo expert Steven Cahall is taking a much cautious presumption of cablegram stocks, arguing that contention is expanding and it volition beryllium much hard for companies to seizure beardown maturation fixed that household penetration is already truthful high.

“Looking...

Read Entire Article