Cable's Broadband Dominance Faces Threats From A Host Of Issues

Dominance in broadband services has buoyed Comcast stock and other cable TV firms for years, but now a host of issues — including President Biden's latest plan to fund municipal-backed broadband services — are making investors fret. Another concern is fixed 5G broadband services to homes now ramping up due to efforts from Verizon and T-Mobile. A second worry is the expansion of fiber-to-the-home broadband services by AT&T and other phone companies. There's also the global Starlink satellite broadband service in the works from Tesla founder Elon Musk's SpaceX. And now government stimulus funding for competing broadband services appears to be on the way.