Comcast Corp Stock Price, News & Analysis

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.

Comcast Business has completed a significant fiber infrastructure expansion in Tupelo, Mississippi, introducing its next-generation network with speeds up to 100 gigabits per second. The expansion brings advanced Ethernet services and high-speed Internet to local enterprises, schools, and hospitals.

The infrastructure enhancement introduces four key services:

• Ethernet Private Line for point-to-point connectivity
• Ethernet Virtual Private Line for point-to-multipoint connections
• Ethernet Network Service for multipoint-to-multipoint connectivity
• Comcast Business Dedicated Internet for continuous connectivity

This development is part of Comcast's broader investment strategy, which has seen over $80 billion invested in the past decade to enhance technological capabilities and infrastructure nationwide. The network leverages artificial intelligence and cloud technologies for proactive performance management.

Comcast Business (CMCSA) has completed its acquisition of Nitel, a Chicago-based managed services provider, from international private equity firm Cinven. Nitel serves 6,600 clients nationwide, specializing in integrated managed network and security solutions for mid-size enterprises in financial services, healthcare, and education sectors.

The acquisition enhances Comcast's enterprise client services through Nitel's expertise in Network-as-a-Service (NaaS), cloud services, and cybersecurity solutions. The merger aims to strengthen Comcast Business' channel distribution strategy and expand its advanced connectivity portfolio. Edward Zimmermann, President of Comcast Business, emphasized that the acquisition will enable more robust network, cloud, and cybersecurity solutions for enterprises of all sizes.

Comcast (CMCSA) has renewed its multi-year partnership with USA Gymnastics through 2028, maintaining its Xfinity brand as the organization's official Internet, Mobile, and Video provider. The partnership includes title sponsorship of the Xfinity U.S. Gymnastics Championships and presenting partnership for National, World Championships, and 2028 Olympic Teams.

The 2025 Xfinity U.S. Gymnastics Championships is scheduled for August 7-10 in New Orleans. As part of the agreement, Comcast will support USAG programs including HUGS for athletes with special needs and adaptive programs. This renewal aligns with Comcast NBCUniversal's broader Olympic commitment, having secured U.S. media rights through 2036.

Comcast Business (CMCSA) has announced a significant expansion of its connectivity solutions teams in Central Florida and Tampa Bay areas, including Clearwater, Lakeland, Kissimmee, Orlando, St. Petersburg and Tampa. The expansion aims to support enterprise customers with technology solutions including global secure networking, advanced cybersecurity, and unified communications.

The new client services teams, led by veteran telecom professionals, will focus on serving businesses of all sizes, both within and outside traditional Comcast footprint. As part of this expansion, Community Health Centers, operating 16 locations across Central Florida with over 217,000 annual patient visits, has become one of Comcast Business' newest enterprise clients, receiving connectivity services across all facilities.

Comcast Business executive Tracy Pitcher has been appointed as the 2025 American Heart Association Heart Walk chairperson in Atlanta. As senior vice president of Comcast Business Central Division, Pitcher will lead efforts to recruit companies for the Heart Walk campaign, focusing on fundraising for cardiovascular disease reduction and CPR education.

The Heart Walk campaign, active in over 220 cities nationwide, will culminate on September 27 at Atlantic Station. The initiative aligns with the American Heart Association's Nation of Lifesavers™ program, which aims to double cardiac arrest survival rates by 2030. Currently, nine out of ten people who suffer cardiac arrest outside hospitals die, but immediate CPR can double or triple survival chances.

Comcast has initiated its network expansion in Leonardtown, Maryland, connecting the first of 5,800 homes and businesses to its Xfinity and Comcast Business services. This expansion is part of a larger project in St. Mary's County that will ultimately connect over 30,000 residents and businesses to high-speed Internet services.

The company aims to reach 50% completion by summer 2025 and full completion by 2028. The network offers gigabit Internet speeds with 99.9% reliability and built-in security features. As part of its community commitment, Comcast has donated $47,000 to local nonprofits and continues to offer its Internet Essentials program for eligible low-income households.