CMCSA Comcast Corporation Class A

Comcast Launches New Program for Multifamily Developers to Offer Residents a Move-in Ready Smart Home

Comcast today announced that it is launching a new program to provide single-family home and multifamily property developers access to a variety of leading home automation device providers and the Xfinity comprehensive smart home automation platform. Headed by Xfinity Communities, Comcast’s business unit servicing the multifamily property market, this program allows residents to purchase homes with built-in, state-of-the-art automation technologies from Xfinity Home and provides developers with an easy and effective means of differentiating and modernizing their properties.

Findings from the recent “Networking with Residents: Technology Drives the Multifamily Industry” survey state that 49 percent of property owners, managers and developers found implementing smart home technologies increased property values and 82 percent are installing advanced technologies to create smart buildings. The new program will enable Xfinity Communities to address the rising demand among multifamily developers to offer residents home automation capabilities in addition to voice, high-speed internet and entertainment services. Developers will partner with Xfinity Communities to obtain Xfinity Home connected devices and services including thermostats, garage door openers, lighting, door locks, security cameras and other gadgets that may be integrated into residences during the building process.

“We are offering property developers a simple solution to equip their communities of new construction with the advanced network and technologies needed to create a smart home,” said Adrian Adriano, vice president of strategic initiatives, Xfinity Communities. “Integrating Xfinity Home – Comcast’s total home security and home automation solution – into our offering allows us to work with developers to add connected devices and services operable on the Comcast platform, making it easy for residents to move in and have the features to remotely monitor their home, lock and unlock doors, turn on or turn off the lights or adjust the thermostat.”

Marc Levy, executive director, Xfinity Home added, “Families value the peace of mind that comes with remote monitoring, management and control of their homes. Xfinity Home’s products and services are gaining recognition for their ease-of-use and advanced features, as evidenced by our recent TecHome Brilliance Award for Xfinity Home’s 24/7 Continuous Video Recording Service. This program is one of the many smart home solutions that residents will have the option of using as soon as they move in.”

Integrating smart home technology directly into multifamily developments has proven to be successful in giving residents greater value and convenience, as demonstrated by Comcast’s deployments in several Florida communities. Individuals are able to easily control their environment remotely through a mobile app or from their living room through their Xfinity X1 cable box. Additionally, multifamily property managers benefit as their buildings and individual residences can become more energy efficient and secure.

For more information about the Xfinity Communities smart home program for multifamily developers, visit: https://www.xfinity.com/multifamily.

About Xfinity Home

Xfinity Home is the total home security and automation solution from Comcast. This total home security service includes 24/7 professional monitoring, as well as battery and cellular backup, remote arming and disarming, real-time text and email alerts, 24/7 video recording, live video monitoring, lighting and thermostat control, and smoke detection. Through the Works with Xfinity partner program, Xfinity Home seamlessly integrates best-in-class smart home devices into its platform. Whether at home or on the go, customers can manage many devices and stay connected to their homes via the mobile app, online portal, in-home Touchscreen Controller, or on their TV with the Xfinity X1 platform to ensure peace of mind. For more information, go to www.xfinity.com/home-security.

About XFINITY Communities

XFINITY Communities™ provides multifamily property and residents with a better network, better entertainment and better service. With one of the largest fiber networks in the country spanning more than 150,000 miles, a one-of-a-kind interactive TV experience with XFINITY X1, and dedicated property support, we provide an end-to-end service that translates to better living for more than 189,000 properties and 14.7 million units. Our Advanced Communities Network (ACN) – a fiber network solution that provides your properties with gigabit speeds – can help attract new residents while giving existing residents what they want.

EN
10/01/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Blair Levin
  • Blair Levin

What Policies Matter to Telco’s Success: Supply Side or Demand Side? ...

T CEO John Stankey recently said that “I’ve never seen federal policy this supportive of market-based investment in advanced networks.” That statement raises multiple interesting investor related questions about what does, and does not, support investment in advanced networks, including the relative importance of those policies that drive supply and those that drive demand, and how government is treating advanced networks versus networks that have lower cost structures but also involve lower pe...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: The value unlock trade? Nope. No major change in fundamentals

We shared our view of Comcast’s results this morning. Results were in line and commentary on the business fundamentals were mostly unchanged. In this note following the earnings call and our follow-up conversations, we address the following key investor issues including 1) the big picture value unlock theory; 2) the newly (apparently) amended VZ MVNO agreement; 3) broadband ARPU growth; 4) Connectivity EBITDA growth; 5) 2026 capital spend; 6) wireless net adds, and 7) 2026 FCF.

Vikash Harlalka
  • Vikash Harlalka

CMCSA 4Q25 Quick Take: Results mostly in line; Waiting to hear what’s ...

Comcast’s results were mostly in line with estimates. Broadband losses and ARPU were in line. On the call, we would be keen to hear about subscriber trends in 1Q. We don’t expect any major changes to the stock price based on these results. What will drive the stock today is commentary on 1Q broadband trends and potential ‘value unlock’ from an NBCU spin.

Blair Levin
  • Blair Levin

Can CMCSA Buy CHTR After the Cox Deal is Done?

With the CHTR/Cox deal moving towards approval and CMCSA out of running for WBD, we are again getting questions as to whether CMCSA could buy the combined CHTR/Cox entity. Further, as our New Street colleagues discussed yesterday, there has been a divergence in the stock price performances of Comcast and Charter driven by a potential ‘value unlock’ resulting from a potential split of Comcast cable from NBCU. It is beyond the scope of our expertise to analyze the financial details that could jus...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Potential Value Unlock?

Investors have been asking about the diverging stock price performance between Comcast and Charter. We believe the reason is an expanding conversation about the potential ‘value unlock’ that could emerge were Comcast to split its cable and NBCU businesses. In this note, we estimate what Comcast could be worth were this scenario to play out. To be clear, we are skeptical. Not that it shouldn’t happen, but rather the Roberts’ are too invested in their belief about the synergy between these entitie...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch