Comcast Corp - CMCSA STOCK NEWS

Comcast has connected the first Kent Island, MD residents to Xfinity and Comcast Business services as part of an expansion project across Maryland's Eastern Shore. The project aims to connect over 9,000 homes and businesses in Kent Island, Grasonville, Kent Narrows, and Queenstown by the end of 2026.

This expansion is part of Comcast's ongoing investment in Maryland, where the company has invested more than $931.8 million in technology and infrastructure over the last three years. Comcast's network offers advanced features including:

• Ultimate capacity with next-generation Xfinity gateways
• Fastest Internet with gigabit speed products
• Unprecedented coverage with WiFi Boost Pods
• 99.9% network reliability
• Ultra-low latency for gaming and responsive applications

Comcast Business also offers a suite of connectivity, communications, and managed solutions for organizations of different sizes.

Rogers Communications and Comcast have announced a collaboration to implement Comcast's leading network design across Rogers' footprint in Canada. This industry-first implementation aims to deliver faster speeds, enhanced reliability, and lower latency to Canadian customers, similar to what Comcast offers in the U.S.

The partnership leverages Comcast's global technology platform, which incorporates artificial intelligence, cloud-based network functions, and edge computing. These technologies enable Comcast to provide superior internet experiences by identifying and solving network issues proactively, efficiently scaling capacity, and reducing latency.

This collaboration positions Rogers to quickly upgrade its network and roll out next-generation DOCSIS 4.0 Unified technology, offering symmetrical multi-gig speeds nationwide. Comcast Technology Solutions will provide Rogers with its new Access Network Solution, including implementation roadmap, technical advisory services, and operational support.

FreeWheel and NBCUniversal have released a global report titled 'Prescribing Premium', which identifies four key components of premium multiscreen TV content: platform, content, device, and ad load. The study, based on 8,000 online interviews across eight countries, reveals that the right combination of these factors can improve content quality metrics by 3.6x.

Key findings include:

• Content with editorial input, enjoyed on a big screen with minimal interruptions, is perceived as most premium
• 68% of respondents thought ads in premium content were higher quality
• 66% believed brands in premium content were more credible
• ads and ad breaks had 2.1x higher quality index compared to more and longer ad breaks
• 72% said premium environments have less intrusive ad experiences

The research suggests that premium content can enhance brand appeal through a halo effect, guiding advertisers to more impactful content and helping publishers build better environments and experiences.

Comcast is leveraging edge compute technology to enhance streaming and gaming experiences for consumers while creating a standardized platform for content delivery across its network. The company will deploy Qwilt's Open Edge platform, establishing the most distributed content delivery network (CDN) in the U.S.

This initiative aims to put more computing power closer to consumers, resulting in a better Internet experience. It builds upon Comcast's efforts to transform content delivery quality through innovation, following the launch of enhanced 4K from Xfinity earlier this summer.

The deployment of Qwilt's Open Edge platform will provide Quality-as-a-Service content delivery by performing caching and delivery functions in edge compute clusters within Comcast's network. This solution is based on Open Caching, developed by the Streaming Video Technology Alliance (SVTA).

Comcast has unveiled Janus, an initiative leveraging cloud and AI/ML technology to transform its core network's delivery of next-generation Internet experiences. Janus virtualizes Comcast's core network, maximizing performance and efficiency to provide faster speeds and more reliable service. This transformation shifts management of core routing, switching, and transport functions to edge cloud platforms, replacing proprietary hardware with white box hardware and software.

Key benefits include:

• Seamless capacity scaling for live sports streaming
• Enhanced reliability with automated rerouting during outages
• Reduced environmental impact, supporting Comcast's 2035 carbon-neutrality goal

Comcast Business has launched an innovative collaboration in Chicago, blending technology and art. The company has partnered with four local artists to create four larger-than-life smartphone statues in key neighborhoods across the city. These nine-foot-tall mobile statues will be displayed from September 19th to October 10, 2024, in Lincoln Park, Pilsen, The Loop, and Hyde Park.

This initiative aims to highlight the importance of mobile technologies in today's business market while celebrating Chicago's vibrant arts scene. Comcast Business is also running a sweepstakes for businesses in the Greater Chicago Region, offering $10,000 in prizes. The winners will be announced on November 4, 2024.

The project underscores Comcast Business's commitment to technological innovation and community engagement. Since 2011, the company has invested $191 million in cash and in-kind donations to community-based organizations in Chicago.

Comcast (CMCSA) has announced its plans to host a conference call with the financial community on Thursday, October 31, 2024, at 8:30 a.m. Eastern Time. The call will focus on discussing the company's financial results for the third quarter of 2024. Comcast will release a press release detailing these results earlier on the same morning. Investors and interested parties can access the live broadcast of the conference call through Comcast's Investor Relations website at www.cmcsa.com. For those unable to attend the live call, a replay will be made available starting at 11:30 a.m. ET on October 31, 2024, also on the Investor Relations website.

Parks Associates' new research, Scaling Connectivity for Multifamily Properties, reveals significant challenges in maintaining reliable Wi-Fi connections in older multifamily properties. The study shows that 82% of properties 10+ years old report difficulties, compared to only 13% of newer properties. This white paper, developed with Xfinity Communities, highlights the importance of next-gen managed Wi-Fi solutions for older MDUs (multidwelling units) facing infrastructure barriers.

Key findings include:

• Lack of suitable pre-existing networking infrastructure is a top barrier for IoT deployment in MDUs
• Many properties don't own the wiring infrastructure, making new connectivity deployments costly or unfeasible
• Older properties are less likely to offer smart amenities due to infrastructure challenges

The research emphasizes that robust, property-wide connectivity is important for modern multifamily living and remaining competitive in the rental market. Investing in internet infrastructure can provide new revenues, improve resident experiences, and simplify property management operations.

Comcast Advertising has appointed Scott Weisenthal as the new Head of Global Marketing and Insights. With over 20 years of experience, Weisenthal will oversee global marketing and brand strategy for Comcast Advertising, including its divisions Effectv and FreeWheel. His responsibilities encompass brand management, social marketing, insights and analytics, events, and creative design and execution.

Weisenthal joins from Major League Baseball, where he was Senior Vice President of Global Marketing. His previous roles include leadership positions at the Washington Post, Marriott International, and NBCUniversal. James Rooke, President of Comcast Advertising, emphasized Weisenthal's valuable experience in addressing marketers' challenges and supporting the company's mission to grow a healthy premium video ecosystem.