Comcast Corp Stock Price, News & Analysis

FreeWheel has announced two key leadership appointments: David Dworin as Chief Product Officer and Quentin SaLay as Head of Human Resources. Dworin, who joined FreeWheel in May 2017, will oversee product vision and strategy, while SaLay will lead global HR efforts. Both leaders are expected to drive innovation and improve workplace culture. Dworin's previous role involved enabling programmatic solutions for premium video, enhancing advertising transactions efficiency. SaLay's experience at Comcast includes enhancing employee engagement and aligning HR initiatives with business objectives. These appointments aim to strengthen FreeWheel's position in the evolving television advertising landscape.

Comcast Corporation (Nasdaq: CMCSA) announced that its President, Mike Cavanagh, will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2023, at 11:35 A.M. Eastern Time. A live webcast of the event will be available on the Company's Investor Relations website at www.cmcsa.com. An on-demand replay will follow shortly after the presentation. Comcast provides a wide range of services, including broadband and streaming, reaching 57 million customers in the U.S. and Europe. For updated financial news, visit www.cmcsa.com to subscribe to E-mail Alerts.

Comcast Corporation (Nasdaq: CMCSA) will participate in the 31st Annual Deutsche Bank Media, Internet & Telecom Conference on February 27, 2023, at 8:50 A.M. Eastern Time. The event features Jason Armstrong, Chief Financial Officer & Treasurer, who will discuss company insights. A live webcast will be accessible on the Company’s Investor Relations website at www.cmcsa.com.

Following the event, an on-demand replay will be available. Comcast is a leading global media and technology company with 57 million customer relationships across the U.S. and Europe, focusing on connectivity and streaming services.

Comcast has promoted Sophia Marshall to Senior Vice President of Communications for its Central Division in Atlanta, Georgia. Previously serving as Vice President, Marshall will enhance the division's internal and external communications strategy. Christine Whitaker, Comcast's Central Division President, highlighted Marshall's pivotal role in achieving unified storytelling and building a strong brand reputation. With over 22 years of experience, including her role at Wellstar during critical periods, Marshall's expertise spans corporate identity and thought leadership.

Comcast Corporation achieved significant milestones in 2022 towards its carbon neutrality goal, joining the Science Based Targets initiative to align with Paris Agreement climate goals. The company reduced greenhouse gas emissions by 31% since 2019, with over 1 million megawatt-hours of renewable energy contracts, covering 25% of its projected 2026 energy usage. Notable projects include the construction of new solar-equipped facilities at NBCUniversal and Sky Studios. Comcast is focused on reducing fleet emissions by piloting electric vehicles and enhancing energy efficiency technologies, aiming to avoid electricity use equivalent to powering half a million homes by 2030.

Comcast announced a collaboration with the National Skills Coalition (NSC) on February 10, 2023, to enhance digital equity in the U.S. This partnership is backed by a $200,000 grant from Comcast aimed at bridging workforce development with federal funding from the Broadband Equity, Access, and Deployment Program (BEAD) and the Digital Equity Act (DEA). The initiative addresses the alarming statistic that nearly 50 million Americans lack essential digital skills, particularly affecting low-income and minority communities. The funding will assist states in expanding broadband access and training local workers, thus aiming to close the digital skills gap.

Comcast is accelerating its multi-gig deployment by launching its Xfinity 10G network upgrade to 10 million homes and businesses this month. By utilizing DOCSIS 4.0 technology, Comcast aims to introduce symmetrical multi-gigabit Internet options before year-end, enhancing reliability and capacity. Currently, improvements are implemented in over 40 markets, expanding to 50 million homes by 2025. New features include a WiFi Boost Guarantee and low latency options for data-intensive applications like gaming and videoconferencing. These efforts also align with Comcast's commitment to increase network energy efficiency, estimated to save enough energy to power 500,000 homes annually.

Comcast has issued a $1 billion green bond to enhance its sustainability initiatives, targeting carbon neutrality by 2035. The bond proceeds will fund projects in renewable energy, energy efficiency, and green building, among others. Comcast has reduced its Scope 1 and 2 emissions by 31% since 2019 and doubled its renewable electricity use from 2020 to 2021. This inaugural bond was supported by several minority- and women-owned investment banking firms, reflecting strong investor interest. The independent review affirmed the bond's alignment with ICMA Green Bond Principles.