CMCSA Comcast Corporation Class A

Xfinity Communities Holistic Technology Approach Provides Smart, Fast, Ready-Now Solutions to Tens of Thousands of Multifamily Communities

today announced that tens of thousands of properties nationwide are embracing its unique, holistic solutions approach to multi-dwelling unit (MDU) property technology. Since the launch of its in 2014, Comcast’s multifamily, student housing and senior living community division has provided millions of residents with high-performance Internet, WiFi, entertainment options and smart living solutions as part of their amenities packages.

“Xfinity Communities’ holistic approach to MDU technology solutions is meeting today’s resident requirements by delivering a customized set of technology services that offers the property staff and owners the right products for their community,” said Adrian Adriano, VP of strategic initiatives at Xfinity Communities. “Whether it is smart living solutions, our various flavors of WiFi and Internet connectivity or modern entertainment options, these solutions assist each property in differentiating itself in the competitive real estate market, while also increasing property values and improving the overall resident experience.”

As revealed in Xfinity Communities February 2019 “” which surveyed nearly 800 multifamily residents, respondents of all ages rate Internet speeds as the single most important amenity a property could offer and technology as the most important factor overall, above options such as gyms, clubhouses, outdoor spaces, common areas and even the quality of schools/districts.

Additionally, 53 percent of Millennial respondents (those in the 26-35 age group in this survey) showed interest in smart solutions, such as the ability to control locks, thermostats and lighting. Property managers, developers and owners are acting upon this insight as, according to Xfinity Communities 2019 “” report, where properties have adopted, are implementing or have decided to adopt these technologies at rates of 77 percent, 75 percent and 71 percent, respectively. Overall, more than 70 percent of those surveyed said smart technology is the way of the future, is good for the community’s bottom line and makes the organization’s job easier on a day-to-day basis.

Xfinity Communities has built its approach to multifamily technology on its ACN, specialized Customer Account Representatives (CARs) and drive to innovate and support residents and property owners and staff at scale. In 2019 alone, Xfinity Communities has demonstrated its leadership for the connected living experience and MDU technology through:

  • New Properties Deploying Smart, Connected Living Experience Technologies – in Fort Collins, Colorado, and several properties in Illinois are among the first communities to offer a connected living experience allowing residents to control their units’ smart devices through a single, simple app. Meanwhile, property managers benefit from the convenience of app-based control of vacant units, and owners realize improved energy efficiencies, increased unit value and higher NOI.
  • Expanded Portfolio of WiFi Solutions – With two new WiFi offerings, property managers can select the right package for their community.
    • Managed WiFi: Through the acquisition of Epproach Communications, a leader in multifamily technology including managed WiFi and Internet, Xfinity Communities strengthened its offering in 2019. The improved Select WiFi solution places access points throughout a property, providing the highest-level Quality of Experience while eliminating the need for residents to have equipment in their units. Off-campus student housing communities like the are experiencing positive resident feedback.
    • Pre-installed WiFi: Additionally, the availability of the , allows properties to preinstall customer premises equipment (CPE) in multifamily units so new residents can purchase and activate a service package online or over the phone immediately upon move-in for wireless Internet access. WiFi Ready is active in properties from coast to coast.
  • Advanced Entertainment Options with IPTV – Property managers can select Internet TV options for common areas and residents can choose the solution to watch more than 100 channels of live TV, On Demand and recorded content on their IP-enabled devices, including laptops, tablets, and smartphones. With no need for a set-top box, residents only download the Xfinity Stream app to access content, beginning at the moment of move-in.

“From our conversations with our property owners, developers and managers, we created this holistic approach to meet any of their needs for the wide variety of technology amenities options for both existing and new communities and it has been very successful,” said Adriano. “Looking ahead, we will continue to advance our offerings to meet the unique needs of our partners and their residents while offering unparalleled personalized customer service and the latest in smart community and connectivity technologies.”

For more information about the services offered by Xfinity Communities, visit: or .

About Xfinity Communities

provides residents, property managers, owners and developers with a smarter living experience that differentiates properties with customized solutions. Offering a better network, better entertainment and better service to multifamily properties, senior villages and college dwellings, Xfinity Communities properties deliver an end-to-end service throughout the resident’s technology lifecycle. Xfinity Communities is transforming more than 189,000 properties and 14.7 million units across the country. For more information visit or follow us on .

EN
12/12/2019

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