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Reliable, High-Speed Internet from Xfinity Coming to Centreville, MD
Businesswire· 2026-01-07 15:00
Core Insights - Comcast is expanding its services in Centreville, MD, connecting over 2,300 new homes and businesses to multi-gigabit Internet, enhancing its converged WiFi network [1][3] - The expansion is part of a broader initiative in Queen Anne's County, aiming to connect more than 16,000 residents and businesses across the region [3] Group 1: Service Expansion - Comcast is introducing its full suite of Xfinity services in Centreville, including high-speed Internet, streaming, mobile, voice, and home security [4] - The first residents will be connected to Xfinity services early this year, with updates available on the Xfinity website [2] Group 2: Business Solutions - Comcast Business offers tailored connectivity solutions for businesses of all sizes, including secure Internet and advanced networking options like SD-WAN and cloud connectivity [5] - Comcast Business Mobile provides fast 5G connectivity and flexible data plans, designed to enhance productivity for businesses on the move [8] Group 3: Community Commitment - Comcast aims to increase economic mobility in the Centreville community through initiatives like Internet Essentials, which provides low-cost, high-speed Internet to eligible households [9] - The company has invested in local nonprofits to help residents build digital skills and expand WiFi-connected Lift Zones [9]
Comcast price target lowered to $44 from $46 at Benchmark
Yahoo Finance· 2026-01-07 13:21
Benchmark lowered the firm’s price target on Comcast (CMCSA) to $44 from $46 and to formally reflect the consummation of the Versant (VSNT) spinoff and keeps a Buy rating on the shares. The firm, which lowered its 2026 and subsequent year revenue and EBITDA estimates to reflect the Versant spin, notes that its EBITDA estimates for 2026 and 2027 are consequently (3.5%) and (2.0%) below consensus as it appears based on FactSet consensus that only one other sell side firm has made this adjustment yet. Claim ...
Comcast Corporation (NASDAQ:CMCSA): A Strong Contender in the Telecommunications Industry
Financial Modeling Prep· 2026-01-07 02:00
Core Viewpoint - Comcast Corporation (NASDAQ:CMCSA) is a major player in the telecommunications industry, with diverse operations that provide a strong foundation for growth and stability [1] Stock Performance - CMCSA has seen a significant increase of approximately 9.63% over the past month, reflecting strong investor confidence and positive market sentiment [2][6] - The stock experienced a slight decline of 0.13% in the last 10 days, which may present a strategic entry point for investors given the overall upward trend [2][6] Growth Potential - CMCSA has a projected stock price increase of 24.89%, indicating ample room for appreciation and making it appealing to growth-focused investors [3][6] - The company has a Piotroski Score of 8, underscoring its robust fundamentals and effective management [3][6] Target Price and Valuation - Analysts have set a target price of $34.19 for CMCSA, reflecting its potential for higher valuations and aligning with the company's growth prospects and financial stability [4] - The stock recently touched a local minimum, suggesting a potential reversal point that could be advantageous for investors seeking a favorable entry [4] Overall Investment Appeal - CMCSA's combination of strong recent performance, substantial growth potential, and solid financial health makes it a compelling investment choice [5] - The recent price dip, high Piotroski Score, and promising target price further enhance its attractiveness for investors looking for both stability and growth [5]
NBCUniversal's ad slots for 2026 Winter Olympics sell out to 'unprecedented' demand
Reuters· 2026-01-06 19:04
NBCUniversal has sold out advertising spots for the 2026 Winter Olympics in Italy a month before the start of the Games in early February, the Comcast-owned company said on Tuesday. ...
康卡斯特分拆有线电视网络Versant上市首日跌13%
Xin Lang Cai Jing· 2026-01-06 03:04
观点网讯:1月6日,由康卡斯特分拆出来的有线电视网络Versant周一在纳斯达克上市交易。根据分拆比 例,该公司市值为68亿美元。作为分拆的一部分,Comcast股东每持有25股Comcast股票,即可获得1股 Versant股票。 来源:观点地产网 免责声明:本文内容与数据由观点根据公开信息整理,不构成投资建议,使用前请核实。 截至周一收盘,Versant跌超13%,报40.57美元,总市值约58.6亿美元。 ...
Versant Stock Slides in Its First Day of Trading. Here's What You Need to Know About the Comcast Spin-Off.
Investopedia· 2026-01-05 21:55
Why This Matters to Investors Versant provides another way for investors to gain exposure to the cable TV market, a concentrated industry that rarely sees new companies join the public markets. Versant's performance as a standalone stock could signal how investors feel about the shrinking cable TV business. "As part of Comcast and NBCU we had other priorities as a company,†Versant CEO Mark Lazarus said on CNBC Monday. "We made different decisions, because we had a different company and a different strategy. ...
Versant Shares Dip On Day One As Comcast Spinoff Settles Into NYC Headquarters, Looks To Future
Deadline· 2026-01-05 21:30
Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57. Executives led by CEO Mark Lazarus were on hand at the Nasdaq market for the debut of the newly standalone entity that houses TV networks and complementary digital businesses, including CNBC, MS NOW formerly MSNBC), USA Network, Golf Channel, Oxygen, E!, SYFY, Fandango, Rotten Tomatoes, GolfNow, GolfPass and SportsEngine. Comcast announced about a year ago plans to separate de ...
Versant stock price sinks on Nasdaq trading debut as Comcast spinoff tests investor appetite for legacy cable TV
Fastcompany· 2026-01-05 18:48
Group 1: Company Overview - Versant Media Group has begun trading on the Nasdaq under the ticker symbol VSNT, completing its spinoff from Comcast Corporation [1] - Versant includes a bundle of cable television networks and digital businesses, such as MS NOW, CNBC, USA Network, Golf Channel, Oxygen, E!, and SYFY, along with online platforms like Fandango and Rotten Tomatoes [1][2] Group 2: Market Performance - On its first trading day, Versant shares opened at $46.65 but fell more than 12% shortly after the market opened, trading under $41 as of the latest update [3] - The shares were initially offered at $55 per share as "when-issued" stocks on December 15 [3] Group 3: Industry Context - The spinoff occurs during a period of declining cable television subscriptions, which are at a multiyear low, with traditional cable subscriptions peaking in 2012 at over 101 million American households, and last year seeing penetration levels of less than half that [4] - Despite the decline, there was a notable increase in subscribers during the third quarter of 2025, with pay TV operators adding over 300,000 subscribers, marking the first net gain in eight years [5] Group 4: Future Outlook - Mark Lazarus, CEO of Versant, expressed optimism about the company's future, highlighting its scale, strategy, and leadership as key factors for growth [5] - Versant's stock performance will be closely monitored by media investors, particularly in light of Warner Bros. Discovery's recent acquisition by Netflix and the potential spinoff of its cable networks [6]
Xumo Introduces Advanced Identity Solution to Power Smarter Streaming Investments
Businesswire· 2026-01-05 18:00
NEW YORK--(BUSINESS WIRE)--Xumo Introduces Advanced Identity Solution to Power Smarter Streaming Investments. ...
Versant is off to a rocky start on first day of trading after spinoff from Comcast
MarketWatch· 2026-01-05 17:46
The early ratings for Versant are in — with shares of the new owner of cable television stalwarts like CNBC, USA Network and the recently rebranded MS NOW (formerly MSNBC) tumbling nearly 15% on their... ...