Comcast Corp - CMCSA STOCK NEWS

Comcast NBCUniversal has been named to The Civic 50 by Points of Light for the 11th consecutive year, recognizing it as one of the most community-minded companies in the United States. This honor underscores Comcast NBCUniversal's commitment to positive social impact through initiatives like Project UP, a $1 billion digital equity and economic mobility program. In 2023, Comcast partnered with the National Skills Coalition to bridge workforce development with federal funding, supported over 16,000 employee volunteers who contributed nearly 130,000 hours, and granted $25 million to community organizations focused on skill building and job training. The Civic 50, determined by an annual survey from Points of Light, serves as a benchmark for corporate citizenship best practices.

Comcast has named Javier Garcia as the new Senior Vice President of Sales & Marketing for its Central Division, headquartered in Atlanta, Georgia. Garcia, who has over 20 years of experience in the connectivity, digital media, and technology sectors, will oversee brand and product marketing, sales, and customer retention strategies across 12 states.

Garcia has been with Comcast since 2014, previously holding roles such as Senior Vice President of Competitive Marketing and Strategy and Senior Vice President of Sales & Marketing for the Comcast Florida Region. He has also led Comcast's multicultural services strategy for Xfinity products. Garcia’s extensive expertise in multicultural engagement and his results-driven approach are expected to enhance Comcast's brand and drive strategic growth.

Christine Whitaker, President of Comcast's Central Division, expressed confidence in Garcia's ability to propel the brand forward with innovative and customer-centric strategies.

Comcast has launched NOW TV Latino, a new streaming service offering 25+ live Spanish-language channels and Peacock Premium for $10/month. This service is available to Xfinity Internet customers without any contracts or additional fees. It features a broad range of content including movies, TV shows, live sports, and news in both Spanish and English. Customers can also bundle NOW TV Latino with other Xfinity streaming services like NOW TV, NOW StreamSaver, and Xfinity StreamSaver for additional entertainment options. Highlights include popular channels like Cinelatino, Telemundo, and live sporting events, making it a versatile choice for Hispanic viewers.

Comcast NBCUniversal has announced an extended partnership with 2Gether-International (2GI), a nonprofit supporting entrepreneurs with disabilities, by granting $1.5 million to support 2GI's initiatives through 2025. The funding will help disabled startup founders with resources to lead in their industries and aims to recruit more individuals with intellectual and developmental disabilities.

This grant is part of Comcast's Project UP, a $1 billion initiative to advance economic mobility and connect people to the internet. The partnership has already led to increased program enrollment and community involvement at 2GI. 2GI's programs include a 10-week accelerator for early-stage tech startups, an apprenticeship program for aspiring founders and executives, and the first-ever VC fund for startup founders with disabilities.

Since 2GI's first accelerator in 2019, over 80 startups have participated, collectively raising about $70 million from investments, revenue, and acquisitions.

Comcast has released its 2024 Impact Report, detailing its achievements and initiatives aimed at fostering digital equity, diversity, and sustainability. Notable efforts include Project UP, a $1 billion initiative to close the digital divide, and the awarding of over $25 million to community organizations supporting digital skills programs. The company has launched several programs, including $13.6 million in grants for Digital Navigators and $125 million to support underrepresented small businesses through Comcast RISE. Environmental initiatives highlighted include a 30% reduction in emissions since 2019 and a goal to double network energy efficiency by 2030. Comcast also promotes volunteerism with over 25,000 employee volunteers contributing over 220,000 hours. Additionally, the company is creating a more inclusive retail experience by piloting American Sign Language in Greater Philadelphia Xfinity stores.

Per Scholas, a national tech training nonprofit, has launched a new campus in Kansas City, in partnership with Great Jobs KC. This initiative aims to address the regional demand for skilled IT professionals. The Kansas City campus offers no-cost IT training at Offices at Park 39 and is supported by Comcast NBCUniversal, Cortex, Missouri Tech First Initiative, and the NFL Foundation. The 13-week program includes comprehensive training for CompTIA A+ and Google IT Support certifications. The program targets diverse learners, enhancing their career prospects in the tech industry. Applications are now open.

Comcast has rescheduled the conference call to discuss its second-quarter 2024 financial results. The new time is set for 8:30 a.m. Eastern Time (ET) on Tuesday, July 23, 2024. A press release with the financial results will be issued earlier that morning. The live broadcast of the conference call will be available on Comcast's Investor Relations website. A replay will be accessible starting at 11:30 a.m. ET on the same day. Interested parties can subscribe to Email Alerts for automatic updates on Comcast's financial news.

Comcast announced the activation of a new $8 million high-speed Internet network in Citrus County, Florida, providing reliable connectivity to thousands of homes and businesses in Inverness, Hernando, Floral City, and Beverly Hills. This investment allows residents to access Internet speeds of up to 1.2 Gbps and businesses up to 100 Gbps, positioning Comcast as a leading service provider in the area. The infrastructure rollout includes the introduction of advanced services such as the Xfinity Gateway and Storm-Ready WiFi, alongside Comcast Business solutions offering secure networking and cybersecurity. Additionally, Comcast continues to support affordable Internet initiatives through its Internet Essentials program.

Comcast Business announced a 5-Year Price Lock Guarantee for new Business Internet and cybersecurity customers. This offer, available from June 24, 2024, to August 21, 2024, applies to customers subscribing to Comcast Business Internet Advanced (800 Mbps), Gigabit Extra (1.25 Gbps), and 2 Gigabit tiers with Comcast Business SecurityEdge™ and a 1-year term agreement. The guarantee allows new customers to lock in their monthly service charges for five years, excluding equipment, taxes, and fees. This initiative aims to provide financial stability, reliability, and security for businesses. Eileen Diskin, Comcast Business's Chief Marketing Officer, highlighted the benefits of the offer, emphasizing the combination of reliable gig speeds, security, and fixed pricing.