Comcast Expands Ultra-Fast, Reliable Internet to More Than 2,600 Homes and Businesses in Okeechobee County, Florida

Rhea-AI Summary

Comcast (NASDAQ:CMCSA) expanded fiber-rich Internet service in Okeechobee County, Florida, bringing ultra-fast Xfinity and Comcast Business access to more than 2,600 homes and businesses as of Dec. 4, 2025. The project will continue through 2026 to reach an additional 500 homes and businesses and is supported by a public-private partnership with Florida's Broadband Opportunity Program and Capital Projects Fund. Residential customers gain gigabit+ speeds and full Xfinity services; businesses gain connectivity and managed solutions. Comcast also highlighted ongoing Internet Essentials affordability and digital-skills programs in Florida.

Positive

• 2,600+ homes and businesses now served in Okeechobee County
• Construction continuing through 2026 to add 500 more locations
• Provision of gigabit+ Internet speeds for residential and business customers
• Project backed by Florida Broadband Opportunity Program and Capital Projects Fund

Negative

• None.

Key Figures

Current price $27.43 Prior to Okeechobee expansion news

52-week range $25.75–$43.45 Price <b>6.52%</b> above low, <b>36.87%</b> below high

Newly served locations 2,600 homes and businesses Okeechobee County network now online

Planned additional passings 500 homes and businesses Further Okeechobee buildout through 2026

Buildout horizon Through 2026 Construction of fiber-rich network in Okeechobee County

Internet Essentials start 2011 Launch year of low-cost Internet program in Florida communities

Market capitalization $98.46B Pre-news equity value for CMCSA

Short interest days 2.51 days to cover Based on current short interest and average volume

Market Reality Check

$27.43 Last Close

Volume Volume 26.6M is about 22% below the 20-day average of 34.0M low

Technical Trading ~17% below 200-day MA ($27.43 vs $33.09) and 36.9% below 52-week high

Peers on Argus

Peer moves were mixed: Verizon (-0.17%), América Móvil (-3.6%), BCE (-1.07%) versus Charter (+1.66%) and Chunghwa (+0.05%), suggesting stock-specific rather than broad sector momentum.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 24	Business solutions launch	Positive	-3.3%	Rollout of enhanced Comcast Business connectivity and cybersecurity suite for small firms.
Nov 19	Network expansion	Positive	-1.8%	Multi-gig Xfinity Internet added for 10,000+ additional Blair County locations.
Nov 18	Rural grants commitment	Positive	+0.5%	$2.5M in grants to expand rural digital opportunity under Project UP.
Nov 18	Advertising study	Positive	+0.5%	Study showing strong brand lift from combining streaming TV and social ads.
Nov 13	Retail footprint expansion	Positive	+0.3%	Opening of new Xfinity Store in Noblesville for sales and in-person support.

Pattern Detected

Recent positive operational news has often seen muted or negative next-day moves, indicating a tendency for the stock to underreact or sell off on constructive updates.

Recent Company History

Over the past few weeks, Comcast has highlighted multiple growth and infrastructure initiatives. On Nov 24, Comcast Business rolled out enhanced small-business solutions with broader Dedicated Internet reach and embedded cybersecurity, yet the stock fell 3.25%. On Nov 19, a major Blair County expansion to 10,000 locations saw a 1.79% decline. Earlier, rural digital opportunity funding and new retail presence in Noblesville coincided with modest gains under 1%. The current Okeechobee rural buildout continues this steady footprint expansion narrative.

Regulatory & Risk Context

Short Interest

2.39%

0% 15% 30%+

low

Short interest at 2.39% of float with 2.51 days to cover indicates limited short-driven amplification risk around news events.

Market Pulse Summary

This announcement highlights Comcast’s continued focus on rural infrastructure, adding high-speed access for more than 2,600 Okeechobee County homes and businesses and planning 500 additional passings by 2026. It extends a pattern of local expansions and digital inclusion efforts like Internet Essentials, launched in 2011. From a positioning standpoint, CMCSA traded well below its 200-day moving average with low short interest, so investors may watch how repeated buildouts translate into subscriber growth and regional penetration metrics.

Key Terms

fiber-rich network technical

"Construction of the fiber-rich network will continue in Okeechobee County..."

A fiber-rich network is a telecommunications system that primarily uses fiber optic cables to transmit data. These cables are made of thin glass or plastic fibers that carry information as light, enabling very fast and reliable internet connections. For investors, a fiber-rich network indicates a company's focus on advanced infrastructure, which can lead to better service quality and future growth opportunities in digital connectivity.

public-private partnership financial

"The projects are made possible thanks to a public-private partnership with the state..."

A public-private partnership is a collaborative arrangement where government entities and private companies work together to fund, build, and operate projects or services that benefit the public, such as roads, schools, or hospitals. For investors, these partnerships can create opportunities to invest in infrastructure and services that have long-term stability and potential for steady returns, as they combine public support with private sector efficiency.

Broadband Opportunity Program regulatory

"partnership with the state of Florida's Broadband Opportunity Program and Capital Projects Fund"

A broadband opportunity program is a government or organizational initiative aimed at expanding high-speed internet access to underserved areas. It matters to investors because improving internet connectivity can drive economic growth, increase demand for related services and technology, and create new markets for businesses involved in infrastructure development. This program helps bridge digital divides, fostering broader participation in the digital economy.

Capital Projects Fund regulatory

"partnership with the state of Florida's Broadband Opportunity Program and Capital Projects Fund"

A capital projects fund is a dedicated budget used by organizations to pay for large, long-term investments such as buildings, infrastructure, or major equipment. It matters to investors because it shows how an organization plans to grow or improve its assets, which can impact its future success and financial stability. Tracking this fund helps stakeholders understand the organization’s priorities and long-term investment strategies.

telemedicine medical

"applying for jobs, or using telemedicine, they'll now be able to fully participate..."

Telemedicine is the delivery of healthcare services remotely through digital communication tools, such as video calls or online messaging. It allows patients to consult with doctors and medical professionals without visiting a clinic in person. For investors, telemedicine represents a growing sector that combines technology and healthcare, potentially transforming how medical care is accessed and delivered worldwide.

managed solutions technical

"wireless, and managed solutions to help organizations of all sizes achieve..."

Managed solutions are investment services where a professional team handles all the decision-making and management of an investment portfolio on behalf of an investor. They are like having an expert chef prepare a personalized meal plan, saving the investor time and effort while aiming to achieve specific financial goals. This approach matters to investors because it offers convenience, expertise, and the potential for better investment results without requiring them to actively manage their investments themselves.

cybersecurity technical

"networking, cybersecurity, wireless, and managed solutions to help organizations..."

Cybersecurity involves protecting computers, networks, and digital information from theft, damage, or unauthorized access. It is essential for safeguarding sensitive data and maintaining trust in digital systems, which matters to investors because strong cybersecurity reduces the risk of costly breaches and disruptions that can impact a company’s performance and reputation. Think of it as locking and safeguarding valuable information much like securing a safe to prevent theft.

digital skills training technical

"Internet Essentials. The program provides low-cost Internet service, digital skills training and subsidized computers..."

Digital skills training involves teaching individuals how to effectively use computers, software, and online tools to perform various tasks. It is important for investors because it helps people better understand and evaluate digital businesses, adapt to technological changes, and make informed decisions in an increasingly digital economy. Think of it as learning the basics of a new language that opens up more opportunities and insights in today's connected world.

AI-generated analysis. Not financial advice.

Tech leader's sizable investment brings rural communities new high-speed connectivity options 

OKEECHOBEE, Fla., Dec. 4, 2025 /PRNewswire/ -- A powerful new Internet network is now online in parts of Okeechobee County, Florida. More than 2,600 homes and businesses can now access Xfinity and Comcast Business services. This network expansion is part of the technology company's ongoing efforts to bring ultra-fast, reliable connectivity to more rural communities across the state. 

"This is a tremendous win for Okeechobee County. We're thrilled to see Comcast expanding their network to more and more corners of our beautiful community. Infrastructure investments like this truly change lives," said Terry Burroughs, Okeechobee County Commissioner for District 4. "For many residents, this will be the first time they can access high-speed Internet at home. Whether they're learning new skills online, applying for jobs, or using telemedicine, they'll now be able to fully participate in our digital world."

This new, next-generation network will provide access to ultra-fast Internet, offering gigabit+ speeds to residential and business customers.

"Easy access to high-speed Internet is a must nowadays for economic prosperity," said Kaylee King, President of the Okeechobee County Economic Development Corporation. "This isn't just a quality-of-life issue. This new network is critical to attracting new businesses and supporting our existing entrepreneurs. Comcast's continued investment in Okeechobee County is welcome news and a testament to the company's commitment to expand Internet access for rural Floridians."

Construction of the fiber-rich network will continue in Okeechobee County through 2026, expanding Internet access to an additional 500 homes and businesses. The projects are made possible thanks to a public-private partnership with the state of Florida's Broadband Opportunity Program and Capital Projects Fund.

"We're honored to be able to bring ultra-fast, reliable Internet to even more residents of Okeechobee County," said Kristeen Cominiello, Senior Vice President of Comcast's Florida Region. "Every day, we're working to bring our services to more communities and families across the Sunshine State. We're committed to earning their business and trust by delivering the connectivity and reliability they need and deserve."

Xfinity for Okeechobee County Homes 

Comcast's residential services are marketed under Xfinity, and consumers in Okeechobee County will be able to take advantage of Xfinity's full suite of products, including Internet, video, mobile, voice and home security. With fast Internet speeds, powerful WiFi that reaches 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 for Okeechobee County Businesses 

For 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. 

Accessing Affordable Internet 

Comcast is committed to making Internet accessible and affordable across communities in Florida. Since 2011, the technology leader has offered Internet Essentials. The program provides low-cost Internet service, digital skills training and subsidized computers to eligible income-constrained households. Internet Essentials has helped hundreds of thousands of Floridians since its launch in 2011, including students, senior citizens, veterans and people with disabilities enrolled in public assistance programs and more.

How to Find Comcast in Okeechobee County 

Residents can visit Xfinity.com/mytown and enter their addresses for additional details on service availability. Comcast's expansion in Okeechobee County is one of many recent projects in the region, which also include expansions in Coral Springs, Citrus County and Havana, FL. 

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. 

Media Contact: 
Diego Osorio 
Diego_Osorio@comcast.com 
(561) 322-8646 
https://florida.comcast.com/ 

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SOURCE Comcast

FAQ

How many homes and businesses does Comcast (CMCSA) now serve in Okeechobee County as of Dec. 4, 2025?

Comcast now serves more than 2,600 homes and businesses in Okeechobee County.

How many additional Okeechobee County locations will Comcast reach and by when?

Construction continues through 2026 to expand service to an additional 500 homes and businesses.

What speeds and services are available from Xfinity and Comcast Business in Okeechobee County?

Customers can access gigabit+ Internet, Xfinity residential products (Internet, video, mobile, voice, home security) and Comcast Business connectivity and managed solutions.

Was the Okeechobee expansion supported by public funding for Comcast (CMCSA)?

Yes, the projects are supported by a public-private partnership with Florida’s Broadband Opportunity Program and the Capital Projects Fund.

How can Okeechobee County residents check Comcast service availability?

Residents can visit Xfinity.com/mytown and enter their address to check availability.