Bengalaru — On Thursday, Comcast reported a quarterly profit that beat Wall Street estimates as it added more high-speed internet customers, part of a push to diversify away from the shrinking US pay-TV market. Comcast, which dropped its pursuit of 21st Century Fox’s entertainment assets last week after a bidding war with Walt Disney, is still in the hunt to acquire a controlling stake in European pay-TV company Sky to expand internationally. Shares of Comcast were up 3.7% to $34.66 in morning trading after the results. CEO Brian Roberts told investors on a conference call that Comcast walked away from its bid for the Fox assets because it could not justify the escalating price. Sky posted double-digit earnings growth earlier on Thursday as it added another 500,000 customers, underscoring why Comcast is battling Fox to acquire a majority stake in the company. Comcast’s revenue from high-speed internet customers rose 9.3% to $4.26bn during the second quarter as it added 260,000 inter...

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