"We continue to consolidate our positions within media to those with more attractive growth prospects over the next several years. We sold media conglomerate Comcast Corporation (NASDAQ:CMCSA) as it faces greater competition and weakening pricing in its core broadband business. The growth outlook for Comcast is more challenged as competition from new entrants and dampened pricing power has impacted its connectivity business. Industry-wide saturation in broadband, coupled with a secular decline in cable TV subscribers, has diminished growth potential in its core cable business. Comcast's ability to offset these subscriber losses through price increases is also becoming increasingly constrained."