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New Xfinity Store Opens in South Bend
Businesswire· 2026-02-20 19:29
New Xfinity Store Opens in South BendFeb 20, 2026 2:29 PM Eastern Standard Time# New Xfinity Store Opens in South BendShare---New Storefront Expands Xfinity's Retail Presence in Michiana and Provides Added Convenience for ResidentsComcast Also Awards $17,500 in Grants to South Bend Education Alliance and South Bend Code SchoolComcast today announced the opening of a new Xfinity Store in South Bend, Indiana, at 4615 Miami Street near the Erskine Village Shopping Center. The company marked the grand opening o ...
Comcast Q4 Earnings Call Highlights
Yahoo Finance· 2026-01-29 17:11
Core Insights - Comcast is undergoing a significant transformation in its broadband strategy, moving towards simplified nationwide pricing and away from short-term promotions, which includes a five-year price guarantee [1][5][6] Financial Performance - In 2025, Comcast achieved a record free cash flow of $19.2 billion, aided by one-time tax benefits, while returning nearly $12 billion to shareholders and maintaining its dividend [3][22] - Total company revenue grew by 1% in Q4, but adjusted EBITDA and EPS declined by 10% and 12% respectively, attributed to ongoing investments and costs associated with the NBA contract [8][19] Broadband Strategy - The company reported a loss of 181,000 broadband subscribers in Q4, with ARPU growth of 1.1% expected to face headwinds due to simplified pricing and free wireless line promotions [5][7][9] - Comcast's new pricing strategy aims to stabilize its broadband base and restore revenue growth, although it is currently pressuring results [6][9] Wireless Growth - 2025 marked a record year for Comcast's wireless segment, adding approximately 1.5 million net lines, with a strategy focused on free-line promotions expected to convert many to paid relationships by H2 2026 [4][11][12] - The company modernized its MVNO partnership with Verizon and plans to add T-Mobile for business customers, enhancing its mobile platform [13] Content and Media - Peacock revenue reached a record $1.6 billion with 44 million subscribers, despite incurring significant quarterly losses of $552 million due to NBA rights costs [3][16] - Theme parks and Peacock, along with domestic wireless, each saw revenue growth around 20% in the quarter, with theme parks achieving a notable EBITDA of over $1 billion [14][16] Future Outlook - Comcast anticipates continued ARPU and EBITDA pressure in the coming quarters due to the absence of rate increases and the impact of free wireless lines [9][10] - The company expects to see improvements in Peacock's profitability in 2026, driven by advertising growth and subscriber acquisition [17][18]
Comcast to Host Fourth Quarter and Full Year 2025 Earnings Conference Call
Businesswire· 2025-12-17 20:00
Group 1 - Comcast Corporation will host a conference call to discuss financial results for Q4 and full year 2025 on January 29, 2026, at 8:30 a.m. ET [1] - A press release reporting the financial results will be issued earlier on the same day [1] - The conference call will be broadcast live on Comcast's Investor Relations website [2] Group 2 - A replay of the conference call will be available starting at 11:30 a.m. ET on January 29, 2026, on the Investor Relations website [2] - Comcast Corporation is a global media and technology company, providing connectivity, platforms, and content to millions worldwide [3] - The company delivers broadband, wireless, and video services through brands like Xfinity, Comcast Business, and Sky, and produces entertainment through NBC, Telemundo, Universal, and Peacock [3]
康卡斯特上涨5.03%,报29.63美元/股,总市值1079.69亿美元
Jin Rong Jie· 2025-12-17 06:14
Group 1 - The core viewpoint of the article highlights Comcast's stock performance and financial results, indicating a significant increase in net profit despite a slight decline in total revenue [1] - As of December 17, Comcast's stock rose by 5.03%, reaching $29.63 per share, with a trading volume of $1.466 billion and a total market capitalization of $107.969 billion [1] - For the fiscal year ending September 30, 2025, Comcast reported total revenue of $91.397 billion, a year-over-year decrease of 0.46%, while net profit attributable to shareholders was $17.83 billion, reflecting a year-over-year increase of 56.2% [1] Group 2 - Comcast is a global media and technology company focused on connecting people with important moments, serving approximately 57 million customers across the U.S. and Europe [1] - The company provides broadband, wireless, and video services through its brands, including Xfinity, Comcast Business, and Sky [1] - Comcast also creates, distributes, and streams leading entertainment, sports, and news content through its various subsidiaries, including Universal Pictures, NBC, and Telemundo [1]
Stock Market Today, Dec. 16: Comcast Jumps on Activist Investor Speculation
The Motley Fool· 2025-12-16 22:33
Core Viewpoint - Investors are currently focused on activist investor interest, new spinoffs, and governance issues affecting Comcast, a major player in the cable industry [1]. Group 1: Stock Performance - Comcast's stock (CMCSA) closed at $29.73, reflecting a 5.39% increase, with trading volume reaching 89.7 million shares, significantly above the three-month average of 32.2 million shares [2]. - The stock was the highest-performing in the S&P 500 for the day, trading at just 5 times EBITDA, indicating potential attractiveness for activist investors [7]. Group 2: Market Movements - The market saw a surge in Comcast's shares following rumors of interest from activist investors, coinciding with the record date for the company's spinoff of its cable television networks [3][5]. - The S&P 500 index decreased by 0.26%, while the Nasdaq Composite increased by 0.23%, indicating mixed market conditions overall [4]. Group 3: Spinoff Details - To receive shares of the new spinoff company, Versant, investors needed to hold at least 25 shares of Comcast by the market close on the record date [6]. - The high trading volume may be attributed to both activist investors seeking exposure to Versant and arbitrage traders capitalizing on the spinoff dynamics [6].
Comcast Completes Network Expansion in Litchfield County, Delivering High-Speed Internet to Nearly 22,000 Homes and Businesses
Businesswire· 2025-12-15 13:42
Core Insights - Comcast has completed its network expansion to nearly 22,000 new homes and businesses in Litchfield County, providing high-speed, symmetrical Internet services [1][3] - The expansion allows residents and businesses in Litchfield, Morris, Thomaston, Torrington, and Watertown to access Comcast's full suite of Xfinity and Comcast Business services [1][4] Network Expansion - The expansion is part of Comcast's commitment to deepen its investment in Connecticut, enhancing access to fast and reliable Internet and mobile services [3] - More than 65 million homes and businesses nationwide are now served by Comcast's network, which supports innovation and connectivity [2] Residential Services - Comcast offers a complete lineup of Xfinity services, including high-speed Internet, streaming, mobile, voice, and home security, tailored for modern connected lifestyles [4] - Xfinity Internet provides multi-gig speeds, 99.9% reliability, and extensive WiFi coverage, facilitating seamless streaming and gaming experiences [8] Business Solutions - Comcast Business delivers secure and reliable connectivity for businesses of all sizes, featuring advanced networking solutions like SD-WAN and cloud connectivity [5] - Comcast Business Mobile offers fast 5G services, flexible data plans, and access to over 23 million WiFi hotspots nationwide, designed to enhance productivity [6] Community Impact - Comcast's investment includes programs like Internet Essentials, which provides low-cost broadband and affordable computers to eligible households [7] - Partnerships with local nonprofits aim to expand digital skills and support initiatives that promote connectivity and economic mobility in Litchfield County [7]
Comcast Expands Ultra-Fast, Reliable Internet to More Than 2,600 Homes and Businesses in Okeechobee County, Florida
Prnewswire· 2025-12-04 15:00
Core Insights - Comcast has launched a new Internet network in Okeechobee County, Florida, providing access to ultra-fast connectivity for over 2,600 homes and businesses [1][2] Group 1: Network Expansion - The new network offers gigabit+ speeds, marking a significant improvement in Internet access for residents and businesses in the area [3] - Construction of the fiber-rich network will continue through 2026, aiming to expand access to an additional 500 homes and businesses [4] Group 2: Economic Impact - The expansion is seen as a critical factor for economic prosperity, helping to attract new businesses and support existing entrepreneurs in Okeechobee County [4] - Local officials emphasize that access to high-speed Internet is essential for residents to engage in online learning, job applications, and telemedicine [3] Group 3: Comcast's Commitment - Comcast is dedicated to making Internet accessible and affordable, with programs like Internet Essentials that provide low-cost service and digital skills training to eligible households [8] - The company aims to build trust and reliability in the communities it serves by continuously expanding its services [5]
COMCAST TO PROVIDE $60,000 TO ASSIST WITH FOOD INSECURITY IN THE BAY AREA
Globenewswire· 2025-12-03 09:02
Core Insights - Comcast has announced grants of $30,000 each to Samaritan House and Second Harvest of Silicon Valley to support families facing food insecurity during the holiday season [2][3][4] - The contributions are part of Comcast's broader commitment to community support, having invested over $130 million in cash and in-kind donations in California over the past three years [4] Group 1: Community Support Initiatives - Comcast's grants aim to provide comfort and nutritious meals to families in need during the holidays [2] - The support will benefit Second Harvest's network of 400 nonprofit organizations, which distribute food at over 900 sites [3] - Comcast's Vice President of External Affairs emphasized the importance of community support during challenging times [3] Group 2: Previous Contributions - In addition to the recent grants, Comcast contributed $15,000 to the San Bruno Firefighters Association for their Holiday Toy Program and $50,000 to the San Bruno Education Foundation earlier this year [4] - These contributions reflect Comcast's ongoing commitment to local communities and addressing various needs [4] Group 3: Company Overview - Comcast Corporation is a global media and technology company, providing broadband, wireless, and video services through brands like Xfinity and Sky [5] - The company also produces and streams entertainment, sports, and news content through NBC, Telemundo, Universal, and Peacock [5]
Hispanic Center of Western Michigan Receives $50,000 in Grants from Comcast to Support Digital Literacy, Job Readiness Training
Prnewswire· 2025-11-18 15:00
Core Points - Comcast has awarded $50,000 in grants to the Hispanic Center of Western Michigan to support its Digital Opportunity Programming initiative [1][2][3] - The initiative aims to provide essential digital literacy training and job readiness instruction to residents, covering skills such as computer navigation, internet safety, and digital communication tools [3][4] - This grant is part of Comcast's Project UP, which represents a $1 billion commitment to enhance digital opportunity and economic mobility [5] Company and Initiative Details - The Hispanic Center of Western Michigan has been serving the community since 1978, providing support in areas such as workforce development and youth education, reaching over 30,000 individuals annually [4][6] - Comcast's investment in Michigan exceeds $2.3 billion over the past three years, including various expenditures and charitable contributions [8] - The partnership between Comcast and local organizations aims to create pathways to opportunity and economic mobility for families in West Michigan [5]
COMCAST AND COLUSA INDIAN COMMUNITY COUNCIL ANNOUNCE BROADBAND EXPANSION
Globenewswire· 2025-11-13 16:00
Core Insights - Comcast is expanding broadband service to homes and businesses in and around the Colusa Indian Community, enhancing connectivity for both tribal and non-tribal lands [1] - The expansion is part of Comcast's broader investment strategy, which includes over $4 billion in technology and infrastructure in California over the past three years, supported by a $3.2 million Federal Funding Account grant [2] - Comcast is also contributing $5,000 to the Friends of the Colusa Library to promote digital opportunities and access to high-speed internet for local residents [3] Investment and Infrastructure - The expansion adds to Comcast's significant investments in California, totaling more than $4 billion in the last three years [2] - Comcast's network is designed for reliability and security, providing multi-gigabit Internet speeds and 99.9 percent reliability, serving over 64 million homes and businesses nationwide [4] Consumer Services - Comcast's residential services, marketed under the Xfinity and NOW brands, offer a comprehensive suite of products including Internet, video, mobile, and voice services, enhancing user experience with powerful WiFi and low-latency connections [5] - The company aims to provide a seamless experience for customers engaging in various online activities, from streaming to remote work [5] Business Solutions - Comcast Business provides a range of connectivity and communication solutions tailored for local businesses, recognized as a leader in flexible and scalable options [6] - The company is noted for being one of the fastest-growing providers of Ethernet services, supporting organizations of all sizes [6] Community Commitment - Comcast's initiatives extend beyond infrastructure, focusing on increasing economic mobility through programs like Internet Essentials, which has connected over 2.2 million Californians since 2011 [7] - The company has invested over $130.5 million in cash and in-kind donations to California nonprofits aimed at enhancing digital skills and expanding connectivity [8]