CMCSA Comcast Corporation Class A

Comcast Announces Gigabit Internet Service Coming to Utah

Comcast today announced it will start offering a residential gigabit internet service to local customers in Utah in early 2017. The company will deliver these super-fast speeds with DOCSIS 3.1 technology, which uses the existing wiring that most people already have in their homes. Comcast will be the first company in Utah to offer 1 Gig Internet speeds across the entire state.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161101006581/en/

Comcast Announces Gigabit Internet Service Coming to Utah (Photo: Business Wire)

Comcast Announces Gigabit Internet Service Coming to Utah (Photo: Business Wire)

“We know that our customers expect to have immediate access to content, such as digital media, music and photos, and the desire to connect an increasing number of devices in the home continues to climb,” said Merlin Jensen, Vice President of technical Operations, Comcast Utah. “We’re excited to be able to continue to meet the ever-changing needs of our customers by investing in our network to bring gigabit speeds to homes across our state.”

Comcast currently offers Gigabit Pro in, a 2 Gigabit, fiber-based product that requires a professional installation and equipment, and is designed for the most advanced digital homes. The company’s new 1 Gig service will use existing communications lines that are already in most people’s homes. As a result, it has the potential to reach more homes even faster and allows for broad deployment across communities. To enjoy the service, all customers will need to do is install a new DOCSIS 3.1 compatible cable modem that is capable of delivering gigabit speeds.

During the last 13 years, Comcast has increased speeds in Utah 15 times. Since 1996, The Company invested over $1.5 Billion in network upgrades and augmentation in Utah to offer customers the fastest Internet service available

“Comcast continues to play a crucial role in Utah’s development as a high-tech community,” said Richard Nelson, President & CEO of the Utah Technology Council. “We thank Comcast for choosing to bring this exciting new broadband technology here, and for their belief in our high-growth market.”

About Comcast Cable:

Comcast Cable is one of the nation's largest video, high-speed internet and phone providers to residential customers under the XFINITY brand and also provides these services to businesses. Comcast has invested in technology to build an advanced network that delivers among the fastest broadband speeds, and brings customers personalized video, communications and home management offerings. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. Visit www.comcastcorporation.com for more information.

EN
01/11/2016

Underlying

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

Reports on Comcast Corporation Class A

Vikash Harlalka
  • Vikash Harlalka

Autumn for Broadband 2Q25

In this installment of our Autumn for Broadband series, we provide a quick update on trends in the broadband market based on what we have seen from the companies that have reported so far. Net adds remained nearly flat compared to a year ago (when adjusted for ACP impact) but were within the pre-pandemic norm. Industry subscriber trends have mostly stabilized over the past 3 quarters, but y/y growth remains below pre-pandemic levels.

Vikash Harlalka
  • Vikash Harlalka

Comcast Post-2Q25 Model Update

In this note, we cover changes to our estimates, and comparisons with guidance and consensus. Please see separate notes reviewing results (here) and thoughts following the earnings call. The most significant changes are slightly lower broadband losses and higher FCF in 2025. No change to thesis. Price target is $37 (+12%).

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Thoughts following the 2Q25 call

In this note we provide our thoughts on connectivity revenue and EBITDA, the changes in pricing strategy, broadband ARPU growth and wireless net adds in back half of the year, fiber overbuilds, savings from tax reforms and usage of the proceeds. Finally, we touch on what to do with the stock.

Vikash Harlalka
  • Vikash Harlalka

CMCSA 2Q25 Quick Take Strong results; Broadband losses lower; EBITDA b...

The key focus going into today’s results were the magnitude of broadband losses and whether C&P EBITDA would grow. Comcast reported lower-than-expected broadband losses and C&P EBITDA grew slightly.

Jonathan Chaplin
  • Jonathan Chaplin

New Cable MVNO – implications for Cable and Mobile operators

Charter and Comcast announced that they have signed an MVNO with T-Mobile that will target new business customers (here). In this quick note we provide thoughts on implications for Verizon, T-Mobile, Charter, Comcast, and the industry more broadly.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch