A group representing African-American media business owners has sued Comcast, Time Warner Cable and Al Sharpton, among others, for drumming up fake support for black-owned media while continuing longstanding discriminatory practices.
Comcast is hinting that it might join rival Cablevision in offering some kind of Wi-Fi-based mobile service or product, but has not committed to any specific plans and is wary of cannibalizing its existing Wi-Fi business.
Comcast added 6,000 Xfinity TV video subscribers in the fourth quarter, missing analyst forecasts of around 25,000 video customer additions.
Comcast has posted a help wanted ad, seeking executives to lead the development of new "mobile-first" products and services built around the MSO's burgeoning Wi-Fi infrastructure.
After announcing a 10-year agreement in early September to take over NASCAR's "triple A" racing circuit, the newly christened Xfinity Series, Comcast is rolling out new NASCAR-themed features for its X1 video platform.
Arris reported a 6 percent rise in fourth quarter revenue to $1.26 billion, beating analysts' consensus forecast. However, during the telecom technology giant's Q4 earnings call Wednesday, news of its fourth-quarter performance took second stage to what the company predicts will be a very down-and-up 2015.
Media analysts didn't expect a blowout fourth quarter from Discovery Networks, given the spongy soft ad market and overall TV audience trends. But the report was even worse than anticipated.
Comcast Business is so confident about its service options in Florida's Palm Beach County that it is enhancing the network there with new fiber-based Ethernet and Internet services for area businesses and school districts.
Level 3 Communications' acquisition of tw telecom continues to have a rippling effect as it has enabled the service provider to surpass Verizon for the No. 2 spot in Vertical Systems Group's 2014 U.S. Carrier Ethernet Leaderboard.
One day after noted cable industry analyst Craig Moffett downgraded the stocks of Comcast, Time Warner Cable and Charter Communications to neutral on fears of cord-cutting and price-regulation tied to Title II Internet reform, analyst Jonathan Chaplin stepped forward with a dissenting viewpoint.