Comcast Corp - CMCSA STOCK NEWS

On January 25, 2021, Comcast announced plans to launch 29 WiFi-connected "Lift Zones" in Baltimore, Washington, D.C., and Virginia. These initiatives aim to support low-income families by providing free, reliable internet access at community centers, enabling students and families to engage in distance learning and access essential services. Collaboration with nonprofit organizations will enhance educational opportunities for underserved communities, with Comcast's Internet Essentials program having already connected over 4 million low-income students since 2011. Additional Lift Zone locations are under consideration.

Comcast Corporation (NASDAQ: CMCSA) has launched the Comcast RISE initiative to support over 700 Black-owned small businesses with consulting and technology upgrades. The first phase focuses on businesses impacted by the pandemic, benefiting 33 in New Jersey. Comcast RISE provides resources including media campaigns, technology makeovers, and grants up to $10,000. As part of a broader $100 million Diversity, Equity, and Inclusion initiative, Comcast aims to empower BIPOC businesses to thrive amid economic challenges.

Comcast Corporation (NASDAQ: CMCSA) has launched the Comcast RISE initiative, awarding services to over 700 Black-owned businesses, including 166 in Greater Philadelphia. The program offers consulting, media, and technology upgrades aimed at supporting small businesses affected by the pandemic. Comcast RISE is part of a broader $100 million Diversity, Equity, and Inclusion effort, providing grants of up to $10,000 for eligible small businesses. The initiative emphasizes representation, investment, strength, and empowerment, and aims to help BIPOC-owned businesses thrive in challenging economic conditions.

Comcast unveils its latest offering, the Samsung Galaxy S21 series, available for pre-order on Xfinity Mobile. Customers can benefit from $400 off with new device purchases and additional Samsung credits up to $200 for early orders. The Galaxy S21 devices showcase cutting-edge features, including a 120Hz adaptive display and advanced camera capabilities. Xfinity Mobile provides flexible 5G data plans and is rated #1 in customer satisfaction, offering significant savings through its services. The Galaxy S21 series aims to enhance user experience with its state-of-the-art technology.

TEGNA (NYSE: TGNA) and FreeWheel, a Comcast Company (Nasdaq: CMCSA), have announced a multi-year agreement aimed at automating TEGNA's advertising transactions, including through the CTV/OTT platform Premion. The deal involves enhancing operations via FreeWheel’s Strata platform for processing electronic orders through ePort. This partnership will increase efficiency and access for over 1100 agencies to Premion's inventory from 125+ publishers, while also focusing on innovative marketplace technology for programmatic transactions.

Comcast Corporation announced that Sky Group CEO Jeremy Darroch will transition to Executive Chairman, with Dana Strong succeeding him as Group CEO. Darroch, who has led Sky since 2007, has significantly expanded the company's reach and services. Strong brings extensive experience from Comcast Cable, where she drove substantial growth. Comcast Chairman Brian L. Roberts praised both leaders, emphasizing the successful integration under Darroch and expressing confidence in Strong's leadership for Sky's future.

Comcast announced plans to establish 10 WiFi-connected "Lift Zones" in the Greater Boston area to assist low-income families with Internet access. This initiative aims to support students in distance learning by providing reliable WiFi in community centers for three years. The Lift Zones will complement Comcast's Internet Essentials program, which has connected over 8 million low-income individuals since 2011. Partnering with local nonprofits, Comcast seeks to enhance educational opportunities and improve connectivity in underserved areas.

Comcast is partnering with the City of San Francisco to provide WiFi at over 30 Community Hubs as part of its commitment to connect low-income individuals to the Internet. This initiative supports students in grades K-12 utilizing distance learning during the pandemic. Comcast is donating 800 laptops and offering 12 months of free Internet at home through its Internet Essentials program. Additionally, the company contributed $140,000 to support digital literacy training and food security efforts.