July 2021

Comcast Reports 2nd Quarter 2021 Results

In the second quarter of 2021, Comcast added 354,000 broadband subscribers, its highest ever for a second-quarter performance. NBCUniversal’s streaming service, Peacock, has 54 million sign-ups and more than 20 million monthly active accounts. Comcast, which doesn’t split out free and paid users, reported 42 million sign-ups across the US in the first quarter of 2021. Comcast’s cable revenue came in at $16 billion, up 10.9% from a year ago.

Inmarsat Enters 5G Space Race with New Satellite Network

Inmarsat, the UK's biggest satellite company, plans to launch a constellation of low-earth orbit (LEO) spacecraft and set up 5G wireless networks, joining a new space race against the likes of Elon Musk. The project, called Orchestra, will create a hybrid network of the company’s existing geostationary satellite technology, land-based 5G networks and LEO satellites, according to Inmarsat CEO Rajeev Suri. The system will provide next-generation 5G service in high-demand areas and add speed and capacity at digital chokepoints as data use soars.