Comcast Corp - CMCSA STOCK NEWS

Comcast Corporation announced that starting July 16, 2022, consumers can reach the National Suicide Prevention Lifeline by dialing 988. To support this transition, 82 area codes across 36 states will shift to 10-digit dialing. Effective October 24, 2021, all local calls in these areas must use 10 digits, or they may not connect. This change may necessitate programming updates for safety and security equipment. Until July 16, 2022, the traditional number 1-800-273-8255 remains active.

Comcast has introduced a new Spam Blocker feature for Xfinity Voice, allowing customers to block unwanted spam, spoofing, and robocalls without additional costs. The feature categorizes calls as low, medium, or high risk, blocking high-risk calls by default. This initiative is part of Comcast's ongoing efforts to combat nuisance calls, following their Verified Caller ID rollout. According to a report, Americans receive an average of 31 spam calls monthly, highlighting the importance of this feature in protecting users.

FreeWheel, a Comcast company, has appointed Hong Cai as the general manager of its Beijing office and vice president of engineering. He is expected to enhance FreeWheel’s engineering team, driving innovation in TV advertising technology. Cai brings 23 years of experience, previously serving at Data Orient, Inc. and other major firms. His background in cloud computing and artificial intelligence aligns with FreeWheel's goals to connect buyers and sellers in the evolving media landscape. This leadership change aims to accelerate product delivery and technology innovation.

Comcast Business has successfully completed its acquisition of Masergy, a Texas-based leader in software-defined networking and cloud platforms. This strategic move aims to enhance Comcast's ability to serve large and mid-sized companies, particularly those with multi-site global operations. The acquisition is expected to strengthen Comcast's channel distribution strategy, allowing for improved international network management for Comcast customers. Financial terms of the deal remain undisclosed.

FreeWheel, a Comcast Company, has promoted Virginie Dremeaux to Vice President of Marketing and Communications. Based in Paris, Dremeaux will lead the international marketing team, focusing on enhancing awareness of FreeWheel’s advertising products in the U.K. and Europe. Her responsibilities include driving innovation in video advertising and overseeing international communications. Dremeaux has over 20 years of experience in TV and digital media, previously serving at Canal+ Group. The leadership change aims to accelerate growth in the advanced TV industry.

Comcast Business has announced a $28 million investment in expanding its fiber-rich network across the Beltway Region, which includes Delaware, Maryland, Virginia, Washington, D.C., and West Virginia. This initiative builds on a previous $13 million investment in 2020, bringing the total to over $110 million since 2015. The expansion will enhance connectivity for nearly 35,000 businesses, providing high-speed internet up to 1 Gbps and advanced services like cybersecurity and business Wi-Fi.

Comcast Business has announced a $28 million investment to expand its fiber-rich network across the Beltway Region, which includes Delaware, Maryland, Virginia, Washington, D.C., and West Virginia. This two-year project builds on a previous $13 million investment in 2020, totaling over $110 million since 2015. The expansion aims to serve nearly 7,000 additional businesses with high-performance services, delivering speeds up to 1 Gbps.

Space Channel has launched its VOD application on Comcast's Xfinity X1 and Flex streaming services, granting millions 24/7 access to space-related content. The programming includes Space Channel News, Space Tourist, and Gravity, alongside live launch coverage of SpaceX Starship. The channel aims to cover all aspects of space through news, movies, and exclusive events. As part of its collaboration, Space Channel also offers entertainment programming, including curated movie nights with NASA footage. This initiative enhances Comcast's offerings in the space entertainment segment.

Comcast Business has announced a $26 million investment over two years for expanding its advanced network in Greater Philadelphia and New Jersey. This expansion will directly reach nearly 4,000 businesses and aims to enhance network accessibility for thousands more. The investment includes $10.3 million in 2020 and $15.7 million in 2021 projects, bringing total investment since 2015 to nearly $100 million for the benefit of approximately 24,000 businesses. The upgraded capacity will support advanced services, crucial for local economic growth.