Comcast
Comast Reports 1st Quarter 2024 Results
Comcast Corporation reported results for the quarter ended March 31, 2024. Highlights included:
Comcast Remains Dedicated to Closing the Digital Divide
At Comcast, we remain committed to doing our part to help connect low-income households including:
Comcast Reports 4th Quarter 2023 Results
Comcast Corporation reported results for the 4th quarter that ended December 31, 2023. Growth in residential connectivity revenue was driven by international connectivity revenue due to increases in wireless revenue, reflecting higher sales of wireless devices and services, and in broadband revenue, as well as the positive impact of foreign currency; domestic broadband revenue due to higher average rates; and domestic wireless revenue due to an increase in the number of customer lines.
Funding the Affordable Connectivity Program is Critical for Our Country’s Future
Our world increasingly operates online, and the Internet has forever changed our way of life.
Comcast Bleeding Broadband Customers
Comcast reported results for the third quarter (Q3) ended September 30, 2023. The company reported the domestic broadband average rate per customer increased by 3.9 percent and drove domestic broadband revenue growth of 3.8 percent. Fierce reported that Comcast continued to lose broadband subscribers in the third quarter, with executives predicting slightly higher losses for Q4. However, the company touted an uptick in broadband average revenue per user (ARPU).
Comcast NBCUniversal Foundation Awards $17,500 Grant to Tri-County Cradle to Career Collaborative in Charleston, South Carolina
Comcast awarded a $17,500 grant to Tri-County Cradle to Career Collaborative (TCCC), a nonprofit in Berkeley, Charleston and Dorchester (SC) counties. The funds from this grant are designed to educate more than 300 families living in rural and urban neighborhoods on the importance of broadband adoption in the home.
Comcast is selling its 600MHz spectrum licenses to T-Mobile because it’s ‘unlikely’ to need them
Several years ago, Comcast acquired wireless spectrum in the CBRS and 600 MHz bands as a key building block to host even more data traffic on its own wireless networks. Beginning Sept 2023, after successful employee tests of the CBRS spectrum, Xfinity Mobile and Comcast Business Mobile customers in Philadelphia will start connecting to the company's new 5G network for the first time. This strong CBRS spectrum performance has made Comcast realize that it is unlikely to need the 600 MHz spectrum licenses that it currently holds to support wireless customers.
The Transformative Power of the Affordable Connectivity Program
The federal government’s Affordable Connectivity Program (ACP) announced a new milestone. Launched nearly two years ago in 2021, it has now connected more than 20 million households to the Internet. This is a remarkable achievement and we at Comcast are proud to participate in the program.
Comcast Is The First Internet Provider to Offer a Back-Up Connectivity Device Designed to Keep Customers Connected During a Storm
Comcast becomes the first internet service provider to offer a product designed to maintain connectivity when a storm hits, trees are down, or a customer experiences a local outage, with the launch of Storm-Ready WiFi. With severe weather impacting many parts of the country, there has never been a greater need for a back-up connectivity solution.