Comcast Corp - CMCSA STOCK NEWS

Comcast announced enhanced Olympic viewing features for Xfinity customers, aiming to elevate the experience across X1, Flex, and the Xfinity Stream app. With robust personalization, real-time curated content, and for the first time, live coverage in 4K HDR, the company plans to engage more viewers. Key offerings include aggregated NBCUniversal coverage, themed playlists, and Spanish-language options. This rollout highlights Comcast's commitment to setting a new standard in live event broadcasting, leveraging technology to cater to diverse customer preferences.

Comcast Corporation has appointed Broderick D. Johnson as Executive Vice President, Public Policy and Digital Equity. He will lead the Public Policy team, reporting to Tom Reid, and succeed Rebecca Arbogast. Johnson brings over three decades of experience in public policy, having served in senior roles under two U.S. Presidents. Comcast also announced a $1 billion commitment to enhance digital equity, aiming to reach 50 million Americans over the next decade through initiatives like the Lift Zone and Internet Essentials programs.

Comcast Business has secured two multimillion-dollar contracts from the Defense Information Systems Agency (DISA) to upgrade legacy telecommunications to Ethernet-based services. The contracts for CEG Region 4 and Region 5 amount to $84.2M and $71.6M, respectively, over ten years. Comcast has now won four out of seven CEG regions, totaling more than $267M. These improvements aim to enhance network performance and reduce costs for the Department of Defense.

Comcast Business has secured a 10-year, $102.8M contract from the Defense Information Systems Agency (DISA) to enhance network connectivity and performance via Ethernet across the Defense Information Systems Network (DISN). Selected over four competitors, Comcast will replace 17,000 legacy PSTN circuits with its Ethernet Virtual Private Line (EVPL) service, designed to improve application performance and manage costs. This contract reinforces Comcast Business' status as a leading provider of communication solutions for government agencies.

The newly formed initiative, Go Addressable, aims to enhance addressable TV capabilities for advertisers. Participants include major U.S. television distributors such as Comcast, DISH Media, and smart TV brand VIZIO. Go Addressable focuses on addressing industry challenges, promoting education, and advocating for unified measurement and planning tools. By simplifying the buying and selling of addressable TV campaigns, the initiative seeks to drive efficiency and value for advertisers. The group anticipates that increased participation will accelerate the adoption of addressable advertising in the TV ecosystem.

Comcast Corporation will host a conference call on July 29, 2021, at 8:30 a.m. ET to discuss its second-quarter financial results. A press release detailing these results will be issued earlier that morning. Interested parties can listen live on Comcast's Investor Relations website or via telephone using conference ID 2883365. A replay will be accessible starting at 12:00 p.m. ET on the same day through the website or phone until August 5, 2021.

Comcast serves over 56 million customers in the U.S. and Europe, focusing on broadband, streaming, and media.

Comcast Business has expanded its secure network solutions through a partnership with Versa Networks, introducing Advanced Security solutions to its ActiveCore SDN platform. This enhancement targets the needs of midsize and large enterprises, aiming to protect against cyberthreats such as ransomware and malware. By leveraging SASE technology, Comcast Business offers integrated security measures to safeguard networks, devices, and employees. The collaboration enhances Comcast’s position as a leader in SD-WAN technology, first introduced in 2017, and aims to deliver improved value and protection to its business customers.

Comcast has partnered with HGTV to revamp Lift Zones in Atlanta, Baltimore, and Portland, with a $150,000 donation from HGTV for this initiative. The project aims to enhance community spaces, featuring murals by local artists. Since 2020, Comcast's Lift Zones have provided free WiFi to 1,000 community centers, supporting low-income students during remote learning. Additionally, Comcast's Internet Essentials program has connected over 10 million people to affordable Internet since 2011, demonstrating its commitment to bridging the digital divide.

Comcast Corporation (Nasdaq: CMCSA) announced that CEO Jeff Shell will participate virtually in Credit Suisse's 23rd Annual Communications Conference on June 14, 2021, at 11:00 A.M. Eastern Time. The event will be accessible via a live webcast on the Company's Investor Relations website, www.cmcsa.com, and an on-demand replay will be available post-presentation. Comcast, a global media and technology leader, serves over 56 million customers and focuses on broadband and streaming through various brands such as Xfinity, Universal, and Peacock.