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April 23, 2014 - 5:19 PM

Comcast Adds Q1 Subs, Talks to Charter about Divesting Others

No. 1 cable MSO Comcast has managed to claw its way out of the cable churn bucket, adding basic video subscribers for the second consecutive quarter. Meanwhile, Bloomberg is reporting that Comcast is close to a deal to sell 1.5 million subs to Charter Communications, with plans to spin off another 2.5 million into a new, publicly-traded company in which Charter will have a minority stake.

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