Latest news with #InternetEssentials
Yahoo
16-06-2025
- Business
- Yahoo
Comcast Begins Construction of Next-Gen Internet Network Across 7 Indiana Counties
Comcast Corporation (NASDAQ:CMCSA) is one of the 11 most profitable NASDAQ stocks to buy now. Earlier on May 28, Comcast announced the commencement of construction for its next-gen high-speed internet network across 7 counties in Indiana: Fayette, Rush, Delaware, Boone, Shelby, Morgan, and Miami. This multi-million dollar investment aims to connect over 10,000 residents and businesses in these areas and provide them with access to Comcast's full suite of services. The project is a joint investment in partnership with Indiana's Next Level Connections Broadband Grant Program, which has allocated $350 million towards improving broadband access and adoption throughout the state. Over the past 3 years, Comcast has invested ~$600 million specifically in Indiana's network infrastructure, which contributed to its broader national investment of over $80 billion in its fiber-rich network across the country over the last decade. A couple watching their favorite show on TV, enjoying the entertainment network service. The company already has an impressive technological footprint in Indiana, with an existing 49,000 miles of fiber-rich network infrastructure and over 65,500 WiFi hotspots statewide. Since its launch in 2011, Comcast's Internet Essentials program, which offers low-cost, high-speed internet and affordable computers to eligible households, has also helped more than 772,000 Indiana residents connect to the internet. Comcast Corporation (NASDAQ:CMCSA) is a media and technology company that operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-06-2025
- Business
- Yahoo
Comcast Begins Construction of Next-Gen Internet Network Across 7 Indiana Counties
Comcast Corporation (NASDAQ:CMCSA) is one of the 11 most profitable NASDAQ stocks to buy now. Earlier on May 28, Comcast announced the commencement of construction for its next-gen high-speed internet network across 7 counties in Indiana: Fayette, Rush, Delaware, Boone, Shelby, Morgan, and Miami. This multi-million dollar investment aims to connect over 10,000 residents and businesses in these areas and provide them with access to Comcast's full suite of services. The project is a joint investment in partnership with Indiana's Next Level Connections Broadband Grant Program, which has allocated $350 million towards improving broadband access and adoption throughout the state. Over the past 3 years, Comcast has invested ~$600 million specifically in Indiana's network infrastructure, which contributed to its broader national investment of over $80 billion in its fiber-rich network across the country over the last decade. A couple watching their favorite show on TV, enjoying the entertainment network service. The company already has an impressive technological footprint in Indiana, with an existing 49,000 miles of fiber-rich network infrastructure and over 65,500 WiFi hotspots statewide. Since its launch in 2011, Comcast's Internet Essentials program, which offers low-cost, high-speed internet and affordable computers to eligible households, has also helped more than 772,000 Indiana residents connect to the internet. Comcast Corporation (NASDAQ:CMCSA) is a media and technology company that operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. While we acknowledge the potential of CMCSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Journals
05-06-2025
- Business
- Business Journals
How Comcast's broadband expansion is advancing economic development and digital literacy in Rio Rancho
Comcast has completed more than half its expansion project in Rio Rancho, bringing its fast, secure and reliable fiber network to more than 20,000 homes and businesses — with more to come. This includes Xfinity Internet with speeds faster than 1 gigabit, Xfinity Mobile, and Comcast Business Internet and Mobile. 'We are proud to continue bringing our next-generation broadband network to Rio Rancho,' said Chris Dunkeson, area vice president for Comcast. 'This expansion represents a significant investment in the community, providing residents and businesses with access to high-speed internet that is essential for today's digital world.' Faster internet service now, more to come This $150 million multiyear expansion adds to the company's $305 million investment in New Mexico over the past three years. According to Comcast, gigabit internet service transmits data up to 1 gigabit per second (Gbps) – or 1,000 megabits per second (Mbps). At that speed, you can download a full HD movie in a few minutes, update your smartphone's operating system in seconds and join videoconferences with ultra-high-definition video. expand When construction is complete, all Rio Rancho residents will have access to Comcast's Xfinity suite of products and services, including internet, video, mobile, voice and managed home solutions. Benefits for new and existing industries Local businesses also are gaining access to Comcast Business, which offers a suite of connectivity, communications, networking, cybersecurity, wireless and managed solutions to help organizations of all sizes prepare for what's next. 'This broadband infrastructure has become the backbone of economic growth and helps attract new industries to strengthen the local economy,' said Jerry Schalow, president of the Rio Rancho Regional Chamber of Commerce. 'Meanwhile, this fiber network helps our existing businesses in a hugely positive way. Rio Rancho is strong in high-tech, manufacturing, health care, retail and restaurants. Businesses in these industries are thriving because of the reliability and power of the Comcast network.' As construction phases are completed, residents and businesses will be notified when they can sign up for service. They can also visit and enter their addresses for additional details on construction timing and upcoming service availability. Construction will continue throughout 2025 and is scheduled to be fully complete by 2026. Expanded opportunities to connect and learn Comcast's commitment to the communities it serves goes beyond network expansion and aims to increase economic mobility through programs that help bridge the digital divide. Among these programs are Internet Essentials, which offers low-cost, high-speed internet to eligible customers, and Lift Zones, which offers free internet access for students and families. Comcast is investing in local nonprofit partners, including R4 Creating and ReadWest Inc., along with economic development and business growth partners such as the Rio Rancho Regional Chamber of Commerce and Sandoval Economic Alliance. Cyndy Ratliff, executive director at ReadWest, said the nonprofit has a Lift Zone at its location that provides a reliable space for students to connect and learn. Adult learners also benefit from the space, and job seekers have used the Lift Zone to apply for jobs. Comcast also donated 25 laptops that residents are using for remote study, in their professional development and to connect with telemedicine providers. Comcast's financial support allows ReadWest to focus on digital literacy, including for the elderly. This includes teaching them how to recognize cyberscams, perform online banking and connect with others through social media. 'Comcast's support has had a positive impact on the citizens of Rio Rancho,' Ratliff said. 'Boosting digital literacy skills creates equity in our learning opportunities, especially for those who previously didn't have access to these tools and this kind of education.'
Yahoo
23-05-2025
- Business
- Yahoo
Comcast Connecting Homes and Businesses in Greenwood, SC to Reliable, High-Speed Internet
$6.1M Broadband Expansion Brings Local Connectivity, New Services and Community Support to Greenwood GREENWOOD, S.C., May 23, 2025 /PRNewswire/ -- Comcast has completed an American Rescue Plan Act State and Local Fiscal Recovery Funds grant expansion project, with a $6.1 million program subsidy, in Greenwood, South Carolina. The network expansion brings Internet, mobile and security services from Xfinity and Comcast Business to residents and businesses for the first time. "Expanding broadband access in South Carolina is critical for supporting education, business growth and community development," said Jim Stritzinger, Director, SC Broadband Office with the South Carolina Office of Regulatory Staff. "We are excited about the advancements in connectivity to Greenwood, enabling more residents and businesses to thrive in the digital age." To celebrate the launch, Comcast hosted a ribbon-cutting ceremony at the Boys & Girls Club of the Lakelands Region, followed by a community block party. During the event, Comcast and local leaders surprised 50 high school students with free laptops, helping ensure more young people have the tools they need to succeed in a connected world. In addition to the laptop giveaway, Comcast surprised the Boys & Girls Club with a $10,000 donation to support digital literacy courses that will be held on site. The company also announced the Club will become one of Comcast's newest Lift Zones, providing free WiFi and access to essential technology resources to help young people get online, complete schoolwork, develop digital skills, and prepare for the future. The event marked another chapter in Comcast's ongoing partnership with the Boys & Girls Club of the Lakeland Region. In the aftermath of Hurricane Helene, Comcast provided a $10,000 grant to support the club's recovery and restoration efforts – helping the organization continue serving youth and families during a critical time for the Greenwood community. The laptop giveaway is part of Project UP, the company's $1 billion commitment to create digital opportunity through programs and community partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. The celebration continued with a community block party including music by DJ Tim-E, snow cones from Kona Ice, food from On The Run BBQ food truck, face painting and a 360-photo booth. Xfinity representatives were on hand to share information about Internet Essentials, the nation's largest broadband adoption initiative for income-constrained families. Internet Essentials provides low-cost broadband service, digital literacy training and discounted computers. "As we bring new services to Greenwood, we are proud to invest in the community's digital future," said Mike McArdle, Comcast Regional Senior Vice President. "From reliable broadband access to Lift Zones and laptop donations, our goal is to create meaningful opportunities that empower families and businesses." A Network You Can Trust to be Reliable, Fast and SecureComcast's state-of-the-art network is built to enable residents and businesses to thrive in today's connected world. Greenwood joins the 64 million homes and businesses across the country to have access to a network that is trusted by essential community organizations like hospitals, schools, transportation systems and first responders. It delivers multi-gigabit Internet speeds with 99.9 percent reliability and security built from the ground up to keep customers safe from cyber threats. "Comcast's expansion is a gamechanger for Greenwood. Reliable internet access fuels our economy, supports education and connects our community to resources that are essential in today's world," said Mayor Brandon Smith. "We are grateful for Comcast's commitment to Greenwood and excited for the opportunities this expansion brings." Introducing Xfinity for Greenwood ResidentsComcast's residential services are marketed under the Xfinity and NOW brands and consumers in Greenwood can take advantage of Xfinity's and NOW's full suite of products, including Internet, video, mobile, voice and home security. With multi-gigabit Internet speeds, powerful WiFi able to reach every corner of the home, and super-responsive connections with low lag available with its plan, customers have a great experience using their connected devices to stream their favorite sports and entertainment content, video chat with coworkers and friends, learn from home or simply surf the web. Comcast Business to Power Businesses in GreenwoodFor local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of all sizes achieve their business goals. Industry analysts and associations have consistently recognized Comcast Business as a leader and innovator in flexible, scalable options as well as one of the fastest-growing providers of Ethernet services. What it Means for the Greenwood CommunityComcast's commitment to communities goes beyond building the network and aims to increase economic mobility for the local community and its residents. Over the past three years, Comcast has invested $1.3M in cash and in-kind donations into South Carolina nonprofits focused on helping people build digital skills, expanding Lift Zones, and funding connectivity and Internet adoption programs. Comcast's presence in Greenwood will continue this summer as the company serves as the main stage sponsor for the city's popular Festival of Discovery in July. About Comcast CorporationComcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit for more information. Press Contacts:Portia Akinsportia_akins@ 322-0332https:// View original content to download multimedia: SOURCE Comcast Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Comcast Supports Military Veterans with Laptop Giveaway and Lift Zone Opening
Tech leader launches newest Lift Zone to expand digital access KNOXVILLE, Tenn., May 19, 2025 /PRNewswire/ -- Comcast has partnered with the Liberty Place Housing Complex to launch a new Lift Zone aimed at promoting digital literacy and increasing access to technology for its residents. The opening ceremony and laptop giveaway, held at Liberty Place H, featured City of Knoxville Mayor Indya Kincannon, Knox County Mayor Glenn Jacobs, Comcast Vice President of Government Affairs Melinda Little, and Knoxville's Community Development Corporation Chief Strategy Officer Marisa Moazen. Comcast's Veteran-focused employee resource group (ERG), VetNet, played a key role in the event by providing each resident with a personal letter of appreciation. VetNet members include Comcast employees who are veterans, active military, military family members and other supporters of the military community. Comcast Investing in the Veteran Community The event began with an opening ceremony announcing the launch of the new Lift Zone, followed by the presentation of 35 laptops to the residents of Liberty Place. "The residents of Liberty Place have made countless sacrifices in service to our country," said City of Knoxville Mayor Indya Kincannon. "This act of generosity by Comcast helps to remind them that we are grateful, recognize their sacrifice, and are committed to their growth." Since 2015, Comcast has hired more than 21,000 veterans, National Guard and reserve service members and military spouses, and the Veteran Network ERG has over 9,000 members. In 2024, Comcast earned recognition for the third consecutive year as a top three overall employer in the Military Times' "Best for Vets" rankings. Expanding Access to Digital Resources "Providing internet access and laptops to our veterans is a major step in showing them the importance of technology and the impact these tools have on our lives," said Knox County Mayor Glenn Jacobs. "Thank you to Comcast for this contribution to our veterans." The newly launched Lift Zone provides free high-speed internet access for residents at Liberty Place. This housing complex features 32 fully furnished units for veterans who have experienced homelessness or are at risk of homelessness. "Creating Lift Zones and providing resources that encourage digital access are a major part of Comcast's commitment to the communities we serve," said Melinda Little, Vice-President of Government Affairs at Comcast. "The laptops, and reliable, high-speed internet provided by Comcast today will be instrumental in helping these veterans begin their next chapters." Comcast's Longstanding Commitment to Knoxville Comcast has served Knoxville for nearly three decades through Project UP, a 10-year, $1 billion effort launched in 2021 to foster digital opportunity. As part of this initiative, the Internet Essentials program has helped over 680,000 Knoxville residents connect to affordable home internet since its launch in 2011. Additionally, Comcast has established WiFi-connected "Lift Zones" at local community centers, providing safe spaces for students and families to engage in distance learning, complete homework, acquire digital skills, and search for employment. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations Experiences. Visit for more information. Media ContactDonnie Hannahdonald_hannah@ 322-8272 View original content to download multimedia: SOURCE Comcast
