Comcast plans to split into two public companies
NEW YORK — Communications giant Comcast is planning to split itself into two: one media-centered business that would include brands like NBCUniversal and Sky and a separate company focused on broadband and wireless services. In a Monday announcement, Comcast said the breakup will put both of these operations in a better position to pursue their own priorities and growth. The move arrives as communications companies continue to wrestle with years of cord-cutting, and shifting habits in how consumers now buy subscriptions for anything from their phone plans to streaming budgets more ...
