Comcast Corp Stock Price, News & Analysis

Comcast (NASDAQ:CMCSA) has launched StreamStore, a revolutionary entertainment platform available to Xfinity TV and Internet customers. The platform serves as a centralized hub for managing over 450 streaming apps and channels, along with access to 200,000 movies and TV shows for rent or purchase.

StreamStore introduces StreamSaver, a bundled package combining Apple TV+, Netflix standard with ads, and Peacock for $15. The platform will be accessible through Xfinity.com, allowing customers to manage streaming subscriptions alongside their other Xfinity services. The launch comes as streaming now accounts for over 70% of all internet traffic.

Comcast (NASDAQ: CMCSA) and Charter (NASDAQ: CHTR) have announced a multi-year exclusive agreement with T-Mobile to provide mobile services to their business customers across the United States. The service will launch in 2026 through a Mobile Virtual Network Operator (MVNO) arrangement.

The partnership will enable both companies to offer wireless services under their respective brands - Spectrum Mobile for Business and Comcast Business Mobile. This agreement builds on their successful mobile businesses, which have grown to over 18 million residential and business mobile lines since launching in 2017-2018.

The deal focuses exclusively on business customers, while existing MVNO partnerships will continue serving residential and current business customers. Financial terms were not disclosed.

Comcast (NASDAQ:CMCSA) has appointed Romy Seals as Vice President of Finance for its Florida Region. In her new role, Seals will lead the region's financial strategy and operations, overseeing teams responsible for customer experience, project management, business operations, and financial reporting.

Seals, who joined Comcast in 2012, previously served as Vice President of Business Operations for Comcast Business and has been with the Florida Region since late 2023 as Senior Director of Project Management. During her tenure, she has led key initiatives including Xfinity Communities projects, market expansion planning, network enhancements, and hurricane recovery efforts.

Xumo, a streaming platform joint venture between Comcast (NASDAQ:CMCSA) and Charter Communications, has announced the nationwide launch of Westinghouse Xumo TVs. The new line of smart TVs is now available on Amazon.com and Walmart.com, featuring both 4K UHD (43" and 50") and 2K HD (24", 32", 40", and 43") models, with larger 55", 58", and 65" 4K models planned for later this year.

The TVs feature Xumo's operating system, which powers tens of millions of devices globally, offering key features including universal voice search, content-forward home screen, personalized recommendations, and access to major streaming services like Apple TV+, Disney+, Netflix, and hundreds more apps. The 4K models support Dolby Vision HDR10 technology and Dolby Atmos pass-through for enhanced viewing and audio experience.

Comcast (NASDAQ:CMCSA) announced significant progress in its network energy efficiency goals, reporting a 49% reduction in electricity per consumed byte since 2019, approaching its 2030 target ahead of schedule. The company achieved an 11% reduction in network power consumption between 2019 and 2024, while simultaneously handling a 76% increase in network traffic.

The efficiency improvement is demonstrated by the decrease in electricity consumption from 18.4 kWh/TB in 2019 to 9.3 kWh/TB in 2024. These gains are attributed to Comcast's nationwide transformation to virtualized, cloud-based technologies and the implementation of AI and machine learning throughout its network infrastructure.

Comcast (NASDAQ:CMCSA) is constructing a new fiber Internet network in Westlake, Florida, that will serve over 1,200 homes and businesses through 2026. The network build has already completed in several communities, providing access to 850 homes, with plans to expand to additional neighborhoods.

The next-generation network will deliver speeds up to 1 Gbps for residential customers and 100 Gbps for businesses, offering symmetrical speeds through fiber-to-the-home technology. The expansion includes Xfinity's full suite of services and Comcast Business solutions, along with affordable Internet options through their Internet Essentials program.

Comcast (NASDAQ:CMCSA) has launched new nationwide everyday pricing (EDP) for Xfinity Internet, featuring four simplified tiers ranging from 300 Mbps to 2 Gbps, priced between $40-$130 per month. All plans now include unlimited data and the Xfinity WiFi Gateway with advanced features.

The company offers both 1-year and 5-year price guarantee options with no contracts. Additionally, customers receive a free unlimited Xfinity Mobile line for one year, including access to WiFi PowerBoost, which can increase mobile speeds up to 1 gig when connected to Xfinity WiFi network.

Sabio Holdings (OTCQB: SABOF) has announced the expansion of its Creator Television® (Creator TV) FAST channel to Xumo Play, a major free streaming service jointly owned by Comcast and Charter Communications. Creator TV, the first creator-led streaming network, will bring social media-style storytelling to television, featuring content from popular creators like Uncle Roger, Jenny Lorenzo, and Trey Kennedy.

Through this partnership, Xumo can also distribute Creator TV to other leading U.S. streaming platforms. This expansion follows recent distribution deals with Plex, Sling Freestream, and Anoki LiveTVx, strengthening Creator TV's market presence in the streaming landscape.

Comcast (CMCSA) has opened its first Xfinity Store in Tucker, Georgia, located at 2174 Henderson Mill Road. This marks the company's 26th branded partner store in the region and its fourth store launch this year. The store offers a complete range of Xfinity services, including Mobile, Internet, TV, and home services, providing customers with hands-on support, bill payment options, and equipment exchanges. The opening was celebrated with a ribbon-cutting ceremony featuring company leaders, local officials, and community activities. As part of the launch, Comcast partnered with the Junior League of DeKalb County for a community service project. The new location represents Comcast's strategy to expand its retail footprint, enhance customer experience, and strengthen community connections.