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Comcast 3Q profit, sales top Street on upbeat subs

Cable giant Comcast Corp., the nation's largest provider of TV and high-speed Internet services, more than doubled its net income in the third quarter, helped by fewer cancelations of video service than expected and by breaking even on the expensive-to-produce London Olympics.

 

Court Favors Comcast in F.C.C. ‘Net Neutrality’ Rule

An appeals court said that the agency lacks the authority to require broadband providers to give equal treatment to all Internet traffic.

 

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