Welcome to our dedicated page for Comcast news (Ticker: CMCSA), a resource for investors and traders seeking the latest updates and insights on Comcast stock.
Comcast Corporation (NASDAQ: CMCSA) is a global connectivity and media leader providing essential services through its Xfinity broadband network, NBCUniversal entertainment properties, and Sky international television platforms. This news hub offers investors and industry observers direct access to official updates across all business segments.
Track critical developments including quarterly earnings disclosures, infrastructure expansion announcements, content partnership agreements, and regulatory filings. Our curated collection features press releases about Xfinity service innovations, NBCUniversal programming updates, Sky international operations, and corporate sustainability initiatives.
Monitor strategic moves in key growth sectors like broadband deployment, streaming platform development (Peacock), and next-generation entertainment technologies. The archive includes financial filings, executive leadership statements, and operational updates essential for understanding Comcast's position in competitive telecom and media markets.
Bookmark this page for continuous access to unfiltered corporate communications from one of America's largest broadband providers and content creators. Check regularly for updates on network expansions, content licensing deals, and technological advancements shaping the future of connectivity and entertainment.
Comcast (NASDAQ: CMCSA) reported Q1 2025 financial results with mixed performance. Revenue slightly decreased by 0.6% to $29.9 billion, while Adjusted EBITDA grew 1.9% to $9.5 billion. Net Income declined 12.5% to $3.4 billion, though Adjusted EPS increased 4.5% to $1.09.
Key highlights include:
- Free Cash Flow of $5.4 billion, up 19.4%
- Returned $3.2 billion to shareholders through dividends ($1.2B) and share repurchases ($2.0B)
- Connectivity revenue grew 4.1% to $11.3 billion
- Peacock revenue increased 16% to $1.2 billion
The company added 323,000 domestic wireless lines while losing 199,000 broadband customers and 427,000 video customers. The highly anticipated Universal Epic Universe theme park is set to open on May 22, 2025, in Orlando, featuring five immersive worlds and over 50 attractions.
Comcast (Nasdaq: CMCSA) has partnered with MIT Media Lab to create an immersive viewing experience of MIT's historic lunar mission, available on Xfinity X1 and www.tothemoontostay.org. The collaboration will provide:
- Live streams of the March 6 lunar landing
- First-ever 3D photos and videos of the Moon's surface
- Potential earth eclipse photos from the lunar surface
- Educational content and crew interviews
The initiative supports MIT's To the Moon to Stay mission, which sent three research payloads on Intuitive Machines' IM-2 mission via SpaceX. This precedes NASA's planned 2027 Artemis III mission to the moon's south pole. Comcast plans to expand the experience to Sky Glass, Sky Stream, and Xumo devices.
Comcast has launched its RISE Program in West Michigan, bringing $3 million in grant packages including marketing and technology makeovers to support local small businesses. The initiative kicked off with a panel discussion featuring community leaders and business owners in Grand Rapids, addressing challenges in the current economic climate.
According to recent data, 74% of Muskegon small business owners and 53% of Kent County businesses cited rising costs as a major operational limitation. The program aims to provide eligible business owners with technology, marketing support, and resources to overcome these challenges.
The event featured prominent speakers including Grand Rapids Chamber President Rick Baker, Mayor David LaGrand, and Comcast Regional VP Craig D'Agostini, emphasizing public-private collaboration for supporting local entrepreneurship.
Xfinity Mobile has launched a new Premium Unlimited plan offering gigabit speeds and enhanced features, promising 50% savings for customers with two lines compared to major carriers during the first year.
The plan includes key features such as:
- 4K UHD streaming capability
- 30GB of 5G hotspot data monthly
- WiFi PowerBoost for gigabit speeds
- Twice-yearly phone upgrades with up to $830 discount on trade-ins
- Advanced spam call protection
Additionally, Xfinity Mobile is offering promotional deals including a free unlimited line for one year to new and existing internet customers, up to $500 per line for device contract buyouts, and up to $830 towards Apple and Samsung devices with qualifying trade-ins. The service combines America's fastest broadband network with over 23 million WiFi hotspots, reporting a 150% increase in average speeds since implementing WiFi PowerBoost.
Comcast (NASDAQ: CMCSA) has announced a $50,000 donation to support nonprofit organizations in Arkansas and Tennessee following recent severe storms. The donation will be distributed among several organizations:
- $20,000 to American Red Cross Mid-South (Memphis)
- $15,000 to American Red Cross of Arkansas
- $10,000 to Arkansas Food Bank
- $5,000 to Mercy Chefs (Memphis)
The company has also worked to repair network damage and maintain connectivity in affected areas. The initiative aims to provide essential resources to families and businesses impacted by tornadoes and flooding, supporting community rebuilding efforts.
Comcast has announced a significant network expansion in Middletown, Delaware, extending its high-speed Internet services to 13,000 additional homes and businesses. The expansion includes coverage for Middletown Apartments and the Brickmill Farm neighborhood, bringing Xfinity and Comcast Business services to new areas.
The network expansion offers residents and businesses access to gigabit Internet speeds with 99.9% reliability, along with mobile, entertainment, and security services. The infrastructure provides symmetrical Internet speeds and built-in security features to protect customers from cyber threats.
The initiative is part of Comcast's broader investment in Delaware, which includes expansion in Sussex County in partnership with the state. The company also highlights its Internet Essentials program, offering affordable Internet access to eligible households, and notes its $1.4 million investment in Delaware nonprofits over the past three years for digital skills development and connectivity programs.
Comcast (NASDAQ: CMCSA) has announced a new initiative to award grant packages to 100 small businesses in Nashville through its Representation, Investment, Strength and Empowerment (RISE) program. The program, part of Comcast's $1 billion Project UP commitment, will provide comprehensive support packages including:
- Technology makeover with computer equipment and services
- Creative production and media services
- Educational resources
- $5,000 monetary grant
- Business coaching sessions
Nashville is one of five regions selected for this initiative, alongside Boston, Grand Rapids, Seattle, and South Valley, with 500 total recipients joining 14,000 entrepreneurs previously supported since 2020. Applications will be open from May 1-31, 2025. The company has already invested over $9.5 million in Nashville-based digital inclusion initiatives and connected 680,000 low-income residents through its Internet Essentials program.
Comcast (CMCSA) has launched a groundbreaking five-year price guarantee program for new Xfinity Internet customers, starting at $55 per month with no annual contract required. The nationwide offer includes their best-in-class WiFi gateway and unlimited data.
The package features comprehensive benefits including:
- Access to Comcast's WiFi network, the largest and fastest in the nation
- An Xfinity Gateway capable of connecting up to 100 devices
- Unlimited data
- One free year of unlimited Xfinity Mobile line
- WiFi PowerBoost delivering speeds up to 1 Gbps
- Ultra-low lag Internet compatibility with platforms like FaceTime, Meta's mixed reality headsets, and gaming platforms
- Advanced Security features and parental controls
Comcast (NASDAQ: CMCSA) has announced a new round of its Comcast RISE program, offering comprehensive grant packages to 100 small businesses in Grand Rapids, Muskegon, and surrounding areas. Each package includes a $5,000 monetary grant, technology makeover, creative production services, media scheduling, educational resources, and business consultation.
Applications will be accepted from May 1 through May 31, 2025. The program is part of five regions selected nationwide, with a total of 500 grants to be announced in August. Recipients will join the 14,000 entrepreneurs previously supported through Comcast RISE since 2020.
The grant package includes computer equipment, Internet services, a professionally produced TV commercial with 180-day media schedule, 12-month access to entrepreneurship courses, and business coaching. The initiative is part of Comcast's Project UP, aimed at creating digital opportunities and fostering business growth in local communities.
Comcast (NASDAQ: CMCSA) has appointed Jon Gieselman as Chief Growth Officer for its residential domestic businesses within the Connectivity & Platforms segment. In this newly created role, Gieselman will oversee product strategy, Xfinity brand management, sales, marketing, and customer retention across connectivity, wireless, and entertainment services reaching over 64 million homes and businesses in the U.S.
Reporting to Steve Croney, COO of Comcast's Connectivity & Platforms division, Gieselman brings extensive experience from leadership positions at Expedia Group, Apple, and DIRECTV. His most recent role was President of Expedia Brands, where he led global consumer-facing businesses and digital transformation efforts. At Apple, he built the marketing function for subscription services, while at DIRECTV, he contributed to significant market share growth as SVP of Marketing.
