Comcast Corp Stock Price, News & Analysis

Xfinity Communities has launched 'Connected Building', an innovative end-to-end networking solution providing property-wide WiFi for apartment buildings nationwide. The service features the new Multifamily Xfinity Broadband Gateway, an award-winning device specifically designed for apartment buildings that enables 'Instant On' internet for residents.

Key features include cost-effective installation utilizing existing infrastructure, comprehensive network management with IoT integration, 24/7 monitoring, and enhanced operational support. The solution offers WiFi 6E technology for faster speeds and reduced interference, automatic cybersecurity protection, and immediate connectivity for new residents through the Xfinity app.

The service is currently available for bulk deployments, with additional options planned for 2025. Xfinity Communities currently serves over 189,000 properties and 14.7 million units across the country.

Comcast (CMCSA) has introduced a groundbreaking Tri-Band WiFi 6E gateway specifically designed for apartment buildings, offering 'Instant On' connectivity for residents. The innovative device enables immediate WiFi access upon move-in through a simple app-based activation process, eliminating the need for equipment waiting or service appointments.

The gateway features include property-wide coverage, building-wide IoT network capabilities, and installation within 40 minutes using existing wiring. Key technical specifications include multi-gig speeds, increased device capacity, and automatic cybersecurity protection. The device is wall-mountable, made from 65% recycled plastic, and includes two Ethernet ports.

This solution is part of Xfinity Communities' Connected Building offering, providing a cost-effective alternative to traditional managed WiFi solutions. The gateway supports both resident networks and property-wide services, maintaining active status regardless of unit occupancy.

Comcast (CMCSA) has announced the expansion of Xfinity Multiview to additional X1 devices, allowing millions more customers to watch up to four live games simultaneously on the same screen, just in time for the NCAA basketball tournaments.

The feature enables viewers to toggle between channels for audio control and switch to full-screen mode. It comes alongside other tournament-specific features including:

• A comprehensive tournament hub for all men's and women's coverage
• An interactive Sports Zone app for tracking brackets, scores, and stats
• Live odds integration through Xfinity Odds Zone for DraftKings and FanDuel wagering
• Personalized team favorites with game notifications and highlights

The enhancement is part of X1's broader sports viewing features, which include enhanced 4K quality, personalized sports hubs, and betting integration through Odds Zone.

Comcast (NASDAQ: CMCSA) has returned to Augusta, Georgia for a community support initiative following Hurricane Helene. The company launched several programs including:

- Opening a new Xfinity Store with community engagement activities
- Donating 75 laptops to Boys & Girls Club of Greater Augusta
- Providing a $35,000 grant for three Lift Zone locations
- Contributing $10,000 to McDuffie County Club for hurricane damage

In response to hurricane recovery efforts, Comcast has made significant donations including $100,000 to United Way of Augusta CSRA, $50,000 to The Salvation Army Savannah Corps, and opened over 360,000 Xfinity Wi-Fi Hotspots. The company distributed 1,400 cases of water and deployed thousands of generators across affected regions.

Over the past three years, Comcast has invested more than $3.1 billion in cash and in-kind donations in Georgia, focusing on digital inclusion and connectivity initiatives.

Comcast NBCUniversal and the International Olympic Committee (IOC) have formed a groundbreaking partnership extending Olympic media rights in the US through 2036. The deal, valued at USD 3 billion for the 2033-2036 cycle, includes rights for the 2034 Salt Lake City-Utah Winter Games and 2036 Olympics.

The partnership expands beyond traditional media rights to include technological collaboration, with Comcast providing infrastructure support, in-venue TV coverage distribution, and Olympic Video Player production assistance. NBCUniversal's recent Paris 2024 coverage achieved significant milestones, reaching 67 million viewers daily across platforms, with fans streaming 23.5 billion minutes of content - 40% more than all previous Olympics combined.

The agreement marks NBCUniversal's continued dominance in Olympic broadcasting, extending their streak to 19 consecutive Olympics by 2036. The partnership also includes collaboration on digital advertising opportunities and leverages Comcast's investments in innovative startups.

Comcast (CMCSA) has announced it will host its first quarter 2025 earnings conference call on Thursday, April 24, 2025, at 8:30 a.m. ET. The company will release its financial results press release earlier that morning.

The conference call will be broadcast live on Comcast's Investor Relations website at www.cmcsa.com. Investors can access a replay of the call starting at 11:30 a.m. ET on the same day through the Investor Relations website.

Comcast (NASDAQ: CMCSA) has awarded a $37,500 grant to INvets, an Indianapolis-based veteran support non-profit, as part of Project UP, Comcast's $1 billion digital opportunity initiative. The grant will support INvets' entrepreneurs' program in partnership with Venture Vets, providing veterans and military spouses with digital skills training.

The 2024 grant will fund educational sessions focusing on financial management systems, digital marketing, data analytics, cybersecurity, and artificial intelligence. The program includes technology upgrade stipends and guest speakers. INvets, which partners with over 600 corporate partners, helps veterans transition to civilian life by matching them with high-wage careers and apprenticeship programs in Indiana.

Comcast Indiana has invested more than $1.3 billion in the state over the last three years, including capital expenditures, employee wages, benefits, taxes, and infrastructure upgrades.

Comcast has announced significant upgrades to its Xfinity Internet service, benefiting over 20 million customers at no additional cost. The upgrade includes 50-100% faster upload speeds across all tiers, including NOW branded prepaid products. New and existing customers subscribing to 400 Mbps or faster plans will receive one year of unlimited Xfinity Mobile service included.

The company's fiber-based network, representing an $80 billion investment over the last decade, delivers greater than 99% reliability across 64 million homes and businesses, with 23 million Xfinity WiFi hotspots. The service features ultra-low-lag technology, advanced WiFi capacity through next-generation gateways, and WiFi PowerBoost delivering speeds up to 1 Gbps. Additionally, customers receive free xFi Advanced Security protection, which has blocked over 10 billion cyber security threats.

Universal Ads and Ramp have announced a groundbreaking partnership that will provide Ramp's 30,000+ customers access to premium TV advertising inventory through Universal Ads' new ad-buying platform.

Through this collaboration, Ramp customers will gain access to premium video content from major networks including A+E, AMC Networks, DIRECTV, Fox , NBCUniversal, Paramount, Roku, TelevisaUnivision, Warner Bros., Discovery, and Xumo.

The partnership aims to democratize TV advertising by making it more accessible and cost-effective for growing businesses. Universal Ads plans to enhance accessibility further by offering free, automated AI creative production of TV commercials, specifically targeting tech-forward and digitally native brands.