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Comcast Profit Falls 32 Percent

By RACHEL METZ
,
AP
posted: 357 DAYS 1 HOUR AGO
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NEW YORK (Feb. 18)- Comcast Corp., the nation's largest cable TV provider, said Wednesday its fourth-quarter earnings fell 32 percent, hampered by a $600 million write-down of its investment in wireless technology provider Clearwire Corp.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-02-18 07:33:28

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Comcast Corp., the nation\'s largest cable TV provider, said Wednesday its fourth-quarter earnings fell 32 percent, hampered by a $600 million write-down of its investment in wireless technology provider Clearwire Corp.