Comcast Corp., the nation's largest cable TV provider, said its fourth-quarter earnings fell 32%, hampered by a $600-million write-down of its investment in wireless technology provider Clearwire Corp.
Comcast's revenue and adjusted earnings beat Wall Street estimates, and the Philadelphia company raised its dividend 8%.
However, Comcast showed markedly slower growth in its video, high-speed Internet and phone businesses.
Comcast earned $412 million, or 14 cents a share, compared with $602 million, or 20 cents, a year earlier.
