CMCSA Comcast Corporation Class A

The Roberts Family Donates $5 Million For Laptops to Help Philadelphia Students Start Online Classes by Mid-April

The Fund for the School District of Philadelphia announced today it has received a $5 million contribution from Aileen and Brian Roberts, and their family, to give laptops to Philadelphia students so they can begin learning from home by mid-April.

This press release features multimedia. View the full release here:

Aileen and Brian Roberts Visiting Philadelphia Students in 2017 (Photo: Comcast Corporation)

Aileen and Brian Roberts Visiting Philadelphia Students in 2017 (Photo: Comcast Corporation)

According to a 2019 School District survey, only about half of third-through-12th-grade students have the equipment they need to begin participating in online lessons. This gift from the Roberts’ will support the purchase of 50,000 Chromebooks which will help level the playing field and ensure that all students who attend the 220 District-led public schools across Philadelphia have the tools they need to learn at home.

“We’re living in an unprecedented time and COVID-19 is presenting our society with new challenges every day,” said Aileen and Brian Roberts. “When we heard that many Philadelphia students weren’t going to be able to learn from home without laptops, we quickly decided we wanted to help and provide these teachers, parents and students with the technology they need to begin learning online within just a few weeks. In good times or bad, now all of our Philadelphia students will have access to technology to help them succeed.”

The 50,000 new laptops will be distributed along with the estimated 40,000 laptops already in school buildings to students and families. Once the equipment is received at the School District headquarters, it will be dispensed between April 13 and 17. During the interim two weeks, the laptops will be prepared for the students and the Philadelphia School District teachers will be trained to support distance learning.

"The generous gift from Aileen and Brian Roberts and their family will help to transform the learning experience for thousands of Philadelphia's public school students who will now be able to access online educational resources from home," said Superintendent William R. Hite, Jr., Ed.D. "Our public schools belong to all of us and this is a great example of what's possible when we work together to improve educational supports for all of our young people. I am grateful for their generosity."

"The Fund is delighted to be the recipient of this most generous gift,” said Donna Frisby Greenwood, President & CEO for The School District of Philadelphia. “We will do our part to implement this much needed and appreciated gift."

Students and their families who don’t already have internet access can get it through any Internet Service Provider (ISP) in Philadelphia. Comcast is currently offering low-income families who don’t already have internet service two free months through Internet Essentials, which is the nation’s largest and most comprehensive high-speed internet adoption program.

The Fund for the School District of Philadelphia identifies, coordinates and connects philanthropic resources to level the playing field in local public schools. The Fund's partnership with the School District of Philadelphia seeks to promote equity, safety, and improved performance.

Brian Roberts is Chairman & CEO of Comcast Corporation (Nasdaq: CMCSA). He lives in Philadelphia with his wife, Aileen. They have three children.

EN
27/03/2020

Underlying

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

Reports on Comcast Corporation Class A

David Barden
  • David Barden

Takeaways from our 2026 Global Connectivity Leaders Conference

We wrapped up the US version of our 2026 Global Connectivity Leaders Conference in partnership with BCG. Our London conference wrapped up on Tuesday. We will be hosting a joint takeaways call next week, Tuesday, 3/31. Here are our key quick takeaways from the US conference.

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Updating for Versant spin, new PT is $34

Having digested the revised trending schedules for the Versant spin, we are updating our Comcast model for the new disclosures, our conversations with management, and for comments at industry conferences. In this note, we compare the disclosures in the new trending schedule with prior reports. We also share our updated operating and financial estimates for 1Q and full year 2026. Finally, we have updated our valuation for the Versant spin and revised our Comcast price target to $34.

David Barden ... (+2)
  • David Barden
  • Vikash Harlalka

Quick Hit: GFiber combines with Astound Broadband…who’s affected?

GFiber just announced it is combining with Astound Broadband. In this report we take a deep dive into the footprints of the two companies and analyze their overlap with the major Cable and Fiber operators. This new entity joins Brightspeed, Uniti, and Ziply in the pantheon of private fiber residential overbuilder/aggregators.

David Barden ... (+2)
  • David Barden
  • Vikash Harlalka

Broadband cNPS comparisons by tech & operator - The latest data availa...

Scouring the data in this report, we’d point you to the appendix for a quick review. What stands out is that when a broadband customer interacts with a sales rep, presumably they are doing so with a problem or request that an automated or AI-driven IVR cannot address. Almost without fail, sales rep interactions are the Achilles heal of the market right now and likely a core reason, care scores suffer. The operator that can solve this puzzle, and it could be cable, has a window to shift their rel...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch