Comcast will invest $4 billion in a new strategic investment spinoff, with Michael Angelakis stepping down from his CFO position to run it. Angelakis will invest $40 million of his personal wealth into the new venture.
Comcast Business is bringing its Gigabit Ethernet services to six communities in New London County, Connecticut, bringing the total number of towns and cities in the state to 66 that have access to its services.
Responding to the latest back-and-forth from a coalition opposing its proposed merger with Time Warner Cable, Comcast shot back at the assertion that it rejected an opportunity to have NBCUniversal participate in Apple's upcoming over-the-top pay-TV service.
Comcast is getting close to the official debut of its voice-activated remote control, the XR11, and is already making it available to customers for early trials.
AT&T is bringing new heat to Comcast in the Houston market by serving up its 75 Mbps U-verse tier for residential and small to medium business (SMB) customers.
Cable operators are in an interesting position to drive new competition in the wholesale special access market, giving CLECs the ability to connect their multi-site business customers in areas where they can't economically reach with their own facilities today.
Delays, delays, nothing but delays... With the FCC once again suspending its regulatory review process, Comcast once more pushed back its expected close of its proposed $45.2 billion purchase of Time Warner Cable.
Google Fiber is extending is presence in Utah by naming Salt Lake City as the next city where it will deliver its 1 Gbps-capable fiber-to-the-home (FTTH) service, challenging the trio of incumbent players AT&T, CenturyLink and Comcast.
Timed to the release of a PricewaterhouseCoopers survey revealing that telecom customers are among the most receptive to customer service delivered over digital channels, Comcast says it will triple its social media-based customer service team.
An article suggesting that Comcast was in negotiations with HBO, Showtime and Sony to treat the broadband traffic of the latter three's new OTT products as "managed services" set off skeptic alarms for one analyst.