Comcast Corp - CMCSA STOCK NEWS

Comcast has partnered with the Washington Office of Superintendent of Public Instruction (OSPI) to launch the K–12 Internet Access Program, aiming to provide free internet access to low-income students in Washington. The initiative supports families who lack internet connectivity, enabling online learning from home. Comcast's Internet Essentials program will serve up to 38,000 qualifying families for the 2020-2021 school year. Funded by the federal CARES Act, this initiative is vital for bridging the digital divide during the COVID-19 pandemic.

Comcast has launched a new xFi Pod for Xfinity Internet customers, enhancing WiFi speeds up to 2X faster than the previous generation, reaching 500 Mbps. This second-gen device supports a tri-band radio for better connectivity and includes two ethernet ports. With the rising demand for reliable home connectivity, especially since March 2020, the new Pods aim to meet the needs of increasingly connected households. Available for $119 (one-pack) or $199 (two-pack), the Pods are purchasable online and in stores. Xfinity also offers advanced features like xFi Advanced Security and access to Peacock streaming service.

Comcast has reopened its Xfinity store in Spokane after remodeling, expanding the location from 3,700 to 5,200 square feet. The newly designed store emphasizes health and safety measures, including social distancing protocols and sanitization practices. Customers can explore a wide range of Xfinity products and services, with dedicated support for local businesses. Comcast has invested around $2 billion in Washington's network technology over the past six years, reflecting its commitment to improving customer experience.

Comcast has appointed Elaine Barden as Vice President, Business Development for its West Division, overseeing states including Arizona and California. Barden will focus on expanding Comcast's infrastructure through partnerships with local developers and organizations to enhance customer experience and connectivity. Her prior role was in California, where she successfully expanded infrastructure and partnerships. With over 30 years in the industry, Barden aims to drive economic growth and improve Gig service accessibility, particularly in rural areas.

Comcast NBCUniversal has awarded approximately $70,000 in scholarships to 28 Virginia high school students for the 2020-2021 academic year through its Leaders and Achievers® Scholarship Program. Each recipient receives a $2,500 scholarship to support their undergraduate education. Since its inception in 2001, the program has awarded over $34 million to around 30,000 students nationwide. This initiative recognizes students for their excellent academic performance, community service, and leadership abilities.

Comcast NBCUniversal has awarded approximately $95,000 in scholarships to 38 Maryland students as part of its Leaders and Achievers® Scholarship Program for the 2020-2021 school year. Each recipient received a one-time award of $2,500 for educational expenses. The program has distributed over $34 million to around 30,000 high school seniors since 2001. Comcast aims to support students excelling in academics and community service, reflecting their commitment to education and leadership.

Comcast NBCUniversal has awarded approximately $187,500 in scholarships to 75 Pennsylvania high school seniors for the 2020-2021 academic year through its Leaders and Achievers® Scholarship Program. Each recipient will receive a one-time scholarship of $2,500 to support their higher education expenses. Since 2001, the program has distributed over $34 million to around 30,000 students nationwide. The scholarships recognize students for their academic excellence, community service, and leadership skills, helping them compete in the workforce of tomorrow.

Comcast NBCUniversal has awarded $45,000 in scholarships to 18 Connecticut high school students as part of its Leaders and Achievers Scholarship Program for the 2020-2021 school year. Each selected student receives a one-time $2,500 scholarship aimed at supporting their undergraduate education. Since its inception in 2001, the program has disbursed over $34 million in scholarships to approximately 30,000 students nationwide. This initiative, funded by the Comcast NBCUniversal Foundation, recognizes students for their community service, academic performance, and leadership.