Comcast installs DOCSIS 3.1 modem on customer-facing network in Philadelphia

In an announcement made on December 22, cable giant Comcast said that it has efforts underway to roll out a new network offering gigabit Internet speeds in the Philadelphia area. The new network is dubbed DOCSIS 3.1 (Data Over Cable Service Interface Specification 3.1).

According to... read more

Comcast launches ‘Stream TV’ service in Boston and Chicago areas

Cable giant Comcast has announced the launch of its live streaming TV service – ‘called Stream TV’ - in Boston and Chicago areas. The company also said that it has plans underway to launch the Stream TV service in its entire cable territory by early 2016.

The newly-launch Stream TV... read more

Comcast charges extra for heavy Internet users

Comcast, American multinational mass media company, has started charging extra money for hevay Internet users in some parts of the country. While most Internet service providers give unlimited data, but Comcast is out of the blue and moving in opposite direction to charge extra for heavy... read more

Comcast to Make Its Biggest Investment Overseas

Comcast’s NBCUniversal said on Sunday that it has agreed to buy a controlling stake in the Universal Studios Japan (USJ) amusement park. The American multinational mass media company will be paying $1.5 billion for the stakes in USJ Co. The deal marks as Comcast’s biggest overseas investment.... read more

Comcast has to wait little longer to close Time Warner Cable deal

According to reports, there are doubts regarding NBCUniversal plans to acquire BuzzFeed, which is among some popular names in new media, and increase its stake in Vox Media that owns familiar online brands like SB Nation and Verge.

As per reports, in the beginning, the plans were reported... read more

Comcast Founder Ralph Roberts Bids Adieu at 95

Thursday brought the news of death of Comcast founder, Ralph Joel Roberts, who was 95. He died of natural causes in Philadelphia.

Ralph Roberts transformed the small cable system that he bought in Tupelo, Mississippi, in 1963 into the mammoth Comcast, which presently is the nation's... read more

Comcast reportedly in talks with Deutsche Telekom about potential T-Mobile acquisition

According to a Reuters report, a German magazine - Manager Magazin - has revealed that US cable giant Comcast is apparently in talks with Deutsche Telekom in connection with the potential purchase of the company's T- Mobile US wireless carrier.

The Manager Magazin report, based on the... read more

Michael J. Cavanagh appointed as New CFO for Comcast

Comcast, a US based international mass media company, appointed Michael J. Cavanagh, a former top JPMorgan Chase & Co. banker, as its new chief financial officer (CFO). He is hired for a pay package worth $29.7 million.

Cavanagh, 49, was hired by Comcast after spending less than a... read more

Michael Cavanagh to take over the role of CFO at Comcast

On Monday cable giant Comcast announced that it has hired Michael J. Cavanagh as its chief financial officer following the collapse of its proposed $45 billion merger with Time Warner Cable.

Cavanagh, who is from private equity firm Carlyle Group LP will replace Michael J. Angelakis who... read more

Comcast to create 5,500 customer service jobs in next few years

US cable-TV provider Comcast Corporation said in a Tuesday statement that it plans to add over 5,500 customer service jobs in the next few years.

In the statement released on Tuesday, Comcast CEO Neil Smit said that the company's move to create more than 5,500 customer service jobs will... read more

Comcast Corporation posts better-than-expected first-quarter profit

The largest US cable operator, Comcast Corporation has posted better-than-expected first-quarter profit, as a result of strong growth in its high-speed Internet and business services.

On Monday morning, Comcast's shares went up by about 2% in pre-market trading after closing at $58.41 on... read more

DirecTV Stops its Advertising Campaign after Comcast Complaint

DirecTV has ended its advertising campaign after Comcast Corporation complained about the claims of better service.

Jon Gieselman, DirecTV's senior vice president of marketing, said that it was already planned that the Rob Lowe campaign will end at the end of the first quarter of 2015.... read more


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