CMCSA Comcast Corporation Class A

EQS-News: MARY’S PLACE AND COMCAST PARTNER TO ADVANCE DIGITAL EQUITY FOR FAMILIES TRANSITIONING FROM HOMELESSNESS TO HOUSING

EQS-News: Comcast Washington
MARY’S PLACE AND COMCAST PARTNER TO ADVANCE DIGITAL EQUITY FOR FAMILIES TRANSITIONING FROM HOMELESSNESS TO HOUSING

20.12.2022 / 17:05 CET/CEST
The issuer is solely responsible for the content of this announcement.


and today announced a next step in their ongoing commitment to advance digital equity for women and families experiencing homelessness. As a part of a nine-year partnership that has included grants, in-kind contributions, and educational workshops, Comcast is donating another $40,000 to Mary’s Place. The funds will be used to purchase computers, phones, hardware, and software for more than 30 families as they move into stable housing.

, Comcast partnered with Mary’s Place to provide free WiFi to local families experiencing homelessness. Comcast installed Lift Zones that provide free WiFi access inside five Mary’s Place shelters in Bellevue, Kenmore, Burien and Seattle. The Lift Zones are making online resources and technology available to help shelter guests attain life and job skills through training, education, computer classes, internships, job placement, housing search, doing homework and more.

“Comcast has been a digital equity leader and great partner with Mary's Place for years. They've equipped all our shelters with free internet service, donated laptops, sponsored digital literacy programs, and volunteered at our shelters," said Marty Hartman, executive director, Mary’s Place. "The next step in our digital equity partnership is to provide a consistent approach to ensuring that families have what they need to get connected to resources and services as they transition from cars, tents, or shelter to stable housing.”

Mary’s Place Housing Specialists ensure that families transitioning to housing are connected to resources and support. Following the distribution of the digital tools, the specialists will survey families during their 90-day check in to understand the impacts of the donated technology on their housing success. This will help Mary’s Place better understand the most impactful resources for families while directly improving digital access for at least 30 families.

“Access to the internet, technology and computer training is critical for families who are transitioning from homeless to housing,” said Rodrigo Lopez, region senior vice president, Comcast Pacific Northwest Region. “Our long-standing partnership with Mary’s Place aims to advance digital inclusion for families experiencing homelessness and we are happy to provide internet connectivity and technology to help residents successfully move into stable housing.”

Through its Lift Zone initiative, Comcast has installed free WiFi for those needing internet access in local community centers across the nation. In collaboration with cities, community organizations, and local nonprofit partners, Comcast has now installed free WiFi in more than 100 community centers in the Pacific Northwest.

Lift Zones complement Comcast’s ongoing commitment to help connect low-income households to the Internet in and outside of the home. Internet Essentials is Comcast’s signature digital equity initiative and the nation’s largest and most comprehensive private-sector broadband adoption program. Since 2011, Internet Essentials has connected 560,000 low-income individuals statewide to broadband internet, including 336,000 people in the Puget Sound area.

These efforts by Comcast are part of , the company’s $1 billion commitment to reach millions of people with the tools, resources, and skills needed to succeed in a digital world. Project UP is Comcast’s company-wide initiative to advance digital equity by connecting people to the internet; opening doors for the next generation of innovators, entrepreneurs, and storytellers; and creating new career pathways in the arts, media, and technology.

About Mary’s Place

Mary's Place ensures that no child sleeps outside by centering equity and opportunity for women and families. Today, Mary's Place operates five crisis response family shelters providing refuge and community for ~700 family members. The organization focuses on an innovative strategy of combining homelessness prevention, mobile outreach, emergency shelter, and resources for transition back into housing to end family homelessness. In 2021, Mary's Place helped over 550 families find permanent housing. To learn more, visit Families that need emergency shelter should call the King County Emergency Family Intake Line at 206-245-1026 between 8 am and 11:30 pm daily.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit for more information.

Contact Details

Comcast

Jack Follman

Company Website


News Source: News Direct


20.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: Comcast Washington
United States
ISIN: US20030N1019
EQS News ID: 1518155

 
End of News EQS News Service

1518155  20.12.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1518155&application_name=news&site_id=research_pool
EN
20/12/2022

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

CHTR: 1Q preview, and just BTW, what about merging with Comcast?

One of the most interesting things to come out of our Global Connectivity Leaders Conference was Charter CFO Jessica’s comments about M&A. We think the odds of a Charter-Comcast merger are higher today than just a month ago. In this note, we share some preliminary thoughts about a potential transaction between Charter and Comcast (and beyond…). Our colleague Blair has a note out on the topic today as well.

Blair Levin
  • Blair Levin

How might the federal government view a CHTR/CMSCA deal?

The New Street team has published a note updating our CHTR 1Q outlook but importantly theorizing about the prospects for a possible CHTR/CMSCA deal (…and beyond). In this note, we discuss how we think the government might review such a deal, including traditional antitrust considerations, political elements, and the timing of such a deal.

David Barden
  • David Barden

Wireless cNPS operator comparisons: The latest relative carrier perfor...

CEOs. That’s what’s new. Verizon and T-Mobile and Comcast. As one would expect, our mid4Q cNPS data shows that not much changed from prior quarters. Among the Big 3, T-Mobile continues to lead, Verizon lagged, and there wasn’t much movement. Cable improved slightly Q/Q but lags the facilities-based players. It’s not a network problem…

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.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch