Comcast planed TV spin off will boost faster-growing core business: BNP Paribas

Sam McHugh, head of Telecom Equity Research at BNP Paribas, talks about Comcast divesting its cable television networks.

“These cable TV channels have been in somewhat of a secular decline for many years,” said McHugh, adding the media, entertainment and theme parks business makes up only 20 per cent of the company’s revenue.

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