Comcast to Follow 1 Million Who’ve Fled Bankrupt Detroit

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Detroit lost more than 1 million residents and three-quarters of its retail businesses on its way to bankruptcy. Now Comcast wants to go, too.

The largest US cable-television company says it will shed 2.5 million customers in Detroit and other Midwestern and Southern communities as part of a plan to buy No. 2 Time Warner Cable. Relinquishing the markets will help keep Comcast’s market share below 30 percent of U.S. pay-TV homes -- a level that regulators once set as a limit and Comcast has volunteered to honor.


Comcast to Follow 1 Million Who’ve Fled Bankrupt Detroit