PHILADELPHIA--(BUSINESS WIRE)-- today released its , a valuable resource for IT and security professionals, based on the analysis of 29 billion cybersecurity events detected by Comcast Business across its security customers in 2023. The report highlights significant changes in the cybersecurity landscape, driven by sophisticated threat actors, an expanding attack surface and the transformative power of AI. "Armed with a newfound arsenal of AI-based capabilities and a landscape littered with vulnerable systems, cybercriminals are having a moment,” said Noopur Davis, Chief Information Security...
This report covers changes to our model to incorporate recent management commentary at investor conferences. Our broadband losses for 3Q remain unchanged but we now expect all ACP losses to be reported in 3Q. We have lowered losses for 4Q due to no ACP impact. No change to thesis. Price target is $50 (+20%).
PHILADELPHIA--(BUSINESS WIRE)-- Today, Comcast celebrates Black Fine Art Month (October) with the premiere of Who’s Behind Black Art, a four-part docuseries that explores the lives of five emerging artists navigating the industry and their journey to create a unique exhibition. This award-winning series is available now on Comcast’s Black Experience on Xfinity channel and the Xumo Play free streaming app. Launched in 2021, Black Experience on Xfinity features the ultimate in Black storytelling from Comcast’s diverse programming partners and film studios and has released a number of original do...
In this iteration of “Broadband Trends” we explore whether fiber builds are accelerating and how it will impact Cable’s subscriber growth. We also reprise our work on the competitive positioning of the various operators based on relative NPS scores.
TORONTO & PHILADELPHIA--(BUSINESS WIRE)-- Rogers Communications will begin an industry-first implementation of Comcast's leading network design the two companies announced today. With this collaboration, Rogers will advance its roadmap to deliver faster speeds, enhanced reliability, and lower latency across its footprint like what Comcast has made accessible to more than 60 million homes and businesses in the U.S. The effort continues Comcast's expansion of its global technology platform, allowing service providers across the globe to deliver next-generation connectivity and entertainment expe...
PHILADELPHIA--(BUSINESS WIRE)-- Comcast is leveraging edge compute technology to put more computing power closer to consumers to deliver a better Internet experience for applications like streaming and gaming and to develop a standardized platform for providers to distribute their content across Comcast’s network. The company will deploy Qwilt’s Open Edge platform, creating the most distributed content delivery network (CDN) in the U.S. This press release features multimedia. View the full release here: Comcast will deploy Qwilt's Open Edge platform, creating the most distributed content deliv...
PHILADELPHIA--(BUSINESS WIRE)-- Today Comcast unveiled Janus, an initiative that leverages leading-edge cloud and AI/ML technology to transform the way its core network will deliver next-generation Internet experiences to customers today, and into the future. Janus maximizes network performance and efficiency by virtualizing Comcast’s core network, unlocking the ability to deliver consistently faster speeds and even more reliable Internet service so customers can stream live sports in 4K, stay connected when extreme weather hits, or use their increasing number of devices to videoconference, VR...
PHILADELPHIA--(BUSINESS WIRE)-- Comcast today announced the introduction and distribution of , a new free, ad-supported streaming app that only releases exclusive originals, across its entertainment platforms, including Xfinity X1, Flex, Xumo Stream Box, and Xumo TV. As part of its commitment to providing high quality programming to diverse audiences and in honor of Hispanic Heritage Month, Xfinity will provide a special ad-free programming offer of one of The Network’s premium original series, The Green Veil, in partnership with actor/producer/activist/entrepreneur John Leguizamo. This press ...
PHILADELPHIA--(BUSINESS WIRE)-- Today, Comcast announced the premiere of Two Beats, One Soul, a documentary film that celebrates and explores the synergies of two cultures by recreating traditional Cuban sounds and rhythms within today’s musical landscape, on Comcast’s Black Experience on Xfinity channel and the Xumo Play free streaming app. Launched in 2021, Black Experience on Xfinity showcases the ultimate in Black storytelling from diverse programming partners, film studios, and independent creators, and has released a variety of original and acquired films and series spotlighting diverse ...
PHILADELPHIA--(BUSINESS WIRE)-- , a Comcast Company, today announced the launch of an IoT-based power monitoring solution designed to assist enterprises in monitoring and managing their energy consumption, leading to operational efficiencies, proactive maintenance, managed costs, and sustainability efforts. The solution also helps enterprises understand asset utilization, providing actionable data to optimize asset use. This press release features multimedia. View the full release here: MachineQ Unveils a Power Monitoring Solution (Photo: Business Wire) The power monitoring solution is partic...
PHILADELPHIA--(BUSINESS WIRE)-- Comcast NBCUniversal SportsTech today announced that the 10 companies in its fourth class have secured 15 pilots, partnerships, and commercial deals as a result of their participation in the program. Over the past six months, 28 entrepreneurs have engaged with SportsTech’s prestigious partner consortium, which includes: NBC Sports, NBC Sports Next, Sky Sports, Comcast Spectacor, GOLF, NASCAR, PGA TOUR, Premier League, U.S. Ski & Snowboard, USA Swimming, USA Cycling – and the recently added partner the University of Notre Dame. This builds on SportsTech’s legacy ...
PHILADELPHIA--(BUSINESS WIRE)-- Today, Comcast announced Xfinity Rewards members will be able to redeem codes and get early access to the Call of Duty®: Black Ops 6 Open Beta. Customers can redeem their code today and get ready for the Open Beta Early Access starting on August 30, and experience Black Ops 6 before the game’s official release on October 25. This press release features multimedia. View the full release here: Xfinity Rewards Members Get Early Access to Call of Duty®: Black Ops 6 Open Beta (Graphic: Business Wire) "Our long-standing partnership with the Call of Duty franchise is ...
NEW YORK--(BUSINESS WIRE)-- Today, Comcast announced 500 additional small business recipients that will receive comprehensive grant packages that include business consultation services, educational resources, a $5,000 monetary grant, creative production, media schedule, and a technology makeover. The distribution of these grants in five new cities is part of Comcast’s ongoing commitment to supporting the growth of all small businesses, while advancing the objectives of diversity, equity, and inclusion, and community investment. Comcast RISE was created to help businesses and their communities ...
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. Industry net adds were down substantially from a year ago, but trends have leveled off sequentially and they look to remain stable in 3Q24 (adjusting for one-time ACP impacts). We continue to expect growth to recover once the ACP headwind has passed.
PHILADELPHIA--(BUSINESS WIRE)-- Today, Comcast announced the premiere of award–winning documentary, Wade in the Water: A Journey into Black Surfing and Aquatic Culture, a film that dismantles the racial barriers of conventional surf culture, available now on Comcast’s Black Experience on Xfinity channel, and the Xumo Play free streaming app. Launched in 2021, Black Experience on Xfinity features the ultimate in Black storytelling from Black programming partners and film studios and has released a variety of original documentaries, like Wade in the Water, showcasing diverse talent and content c...
We hate summer interruptions, but the Sixth Circuit just made a major ruling in the case involving the ISPs challenge to FCC Title II classification. In this note we provide our key points for investors, including: - The ISPs are likely to win the case, with the Sixth Circuit likely to formally overturn the FCC order in the first part of next year. - We don’t think the decision is material as an economic matter to the ISPs. It does remove a cloud of potential problems down the road. - The ruli...
PHILADELPHIA--(BUSINESS WIRE)-- Today, Comcast announced a $35 million commitment to hundreds of community organizations this year to help train the “Team of Tomorrow” –– the next generation of innovators, entrepreneurs, and creators –– by supporting access to opportunities, technology, and digital skills. Between July 26 and September 28, Comcast NBCUniversal will bring the excitement and inspiration of the and Games Paris 2024 to millions. As competes to achieve their dreams, Comcast’s investment will help bring the spirit of the Games to community partners who work to encourage, support,...
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