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Comcast launches prepaid and month-to-month internet and phone plans
CMCSAComcast(CMCSA) CNBC·2024-04-17 16:00

Core Points - Comcast is launching a new low-cost prepaid internet and phone plan called NOW, designed for flexibility and ease of use for customers [1][2] - The NOW program includes four offerings: NOW Internet, NOW Mobile, NOW TV, and NOW WiFi Pass, with prices ranging from 20to20 to 45 per month [1][2] - The NOW program aims to address the demand for affordable connectivity options while supplementing Comcast's existing low-income internet service, Internet Essentials [2] Summary by Category Product Offerings - NOW Internet offers two speed options: 100 Mbps for 30/monthand200Mbpsfor30/month and 200 Mbps for 45/month, both with unlimited data [1] - NOW Mobile provides unlimited data for talking and texting at 25perline[1]NOWTVallowsXfinityinternetcustomerstoaccessondemandandlivestreamingfromover40networksfor25 per line [1] - NOW TV allows Xfinity internet customers to access on-demand and live streaming from over 40 networks for 20/month [1] - NOW WiFi Pass offers unlimited access to Xfinity hotspots for $20 for 30 days [1] Market Context - Comcast has faced challenges in broadband growth, reporting net broadband losses in multiple quarters [3] - The company acknowledges a competitive environment and aims to improve its market position with the NOW program [3]