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Zacks News
Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal and Sky. The Philadelphia, PA-based company reported revenues of $108.94 billion in 2019. The company reports in three revenue generating segments: Cable Communications (53.3% of total revenues): It consists of the operations of Comcast Cable. This segment offers high-speed Internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers.
AT&T Gets FNE Nod, Moves a Step Closer to Time Warner Merger
by Zacks Equity Research
After the completion of the proposed merger, AT&T (T) and Time Warner will become a major player in the consolidated telecom-media space.
AT&T (T) Slips to a 52-Week Low: What's Taking It Down?
by Zacks Equity Research
AT&T's (T) operation in a highly competitive and saturated wireless market is a genuine concern. The company's wireline division continues to face persistent losses in access lines.
Why Did Comcast (CMCSA) Stock Tumble Today?
by Ryan McQueeney
Shares of Comcast (CMCSA) dropped more than 4.5% in afternoon trading Thursday after a key company executive told investors to expect a significant drop in subscribers during the third quarter.
Accenture to Buy IBB, Boost Strategy Consulting Capabilities
by Zacks Equity Research
The acquisition of IBB Consulting will fortify Accenture's (ACN) presence in the communication, media and technology (CMT) consulting market, as well as help gain higher market share.
Top Research Reports for Comcast, Thermo Fisher & China Life Insurance
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Comcast (CMCSA), Thermo Fisher (TMO), and China Life Insurance (LFC).
Comcast's Universal Studios to Vend 45% Stake in Oriental
by Zacks Equity Research
Comcast (CMCSA) unit's plans of selling stake in Oriental DreamWorks might have been caused by strategic differences between the firms. It remains on track with Filmed Entertainment Portfolio expansion.
What Does the iPhone 8 Launch Mean for Wireless Carriers?
by Zacks Equity Research
Increase in smartphone launches led to aggressive promotional offers by major wireless carriers like Sprint (S) and T-Mobile US (TMUS). However, this is likely to impede margins in the upcoming quarters.
Comcast (CMCSA) Starts YouTube App Trial on X1 Platform
by Zacks Equity Research
Comcast's (CMCSA) effort to move beyond its cable subscriber territory to wireless services looks impressive. The inclusion of OTT services on its X1 set-top boxes marks a step ahead.
Here's Why Investors Should Retain Charter (CHTR) Stock
by Zacks Equity Research
Charter Communications' (CHTR) recent launch of lucrative promotional offers in order to stay ahead of competition with a strong subscriber base and initiatives to improve its Spectrum products is encouraging.
Telecom Stock Roundup: Verizon Strengthens Virtual Network Services, Comcast Inks Deal With Sunrun
by Zacks Equity Research
Telecom behemoth Verizon Communications Inc. (VZ) enhances cloud cybersecurity for its enterprise customers, Comcast Corp. (CMCSA) inks a 40-month deal with Sunrun Inc. (RUN).
Comcast (CMCSA) to Expand Footprint Across Canada With X1
by Zacks Equity Research
Comcast (CMCSA) leaves a prominent mark in Canada with X1 licensing, indicating growth on a broader scale.
Will National Wireless Carriers Make a Comeback in 2H17?
by Zacks Equity Research
Despite a gloomy and disappointing show in the previous quarters, we expect an encouraging performance from wireless carriers like AT&T (T), Verizon etc. in the coming quarters of 2017.
Comcast (CMCSA) Expands Smart-Home Services Domestically
by Zacks Equity Research
Comcast (CMCSA) to offer smart-home services, in sync with its efforts to expand new lines of business to cope up with the loss. It also remains competitive in the market, thus increasing revenues.
Here's Why You Should Hold Comcast (CMCSA) in Your Portfolio
by Zacks Equity Research
Comcast (CMCSA) will benefit from its wireless ventures and residential solar programs. However, businesses remain susceptible to competitive threat from online streaming service providers.
Your Complete Guide to All the Things Owned by Disney
by Madeleine Johnson
The Walt Disney Company (DIS) is one of the biggest media and entertainment corporations in the world. So what companies, exactly, does Disney operate? Here's a breakdown of the companies by industry that the media conglomerate owns.
Comcast Inks Deal with Sunrun, Boosts Residential Solar Suite
by Zacks Equity Research
While reducing dependence on fossil fuels, adoption of Sunrun's rooftop solar services will help Comcas's (CMCSA) customers save more on their electric bills.
AT&T (T), Time Warner Agreement Stands on Mixed Approvals
by Zacks Equity Research
While the pending deal between AT&T (T) and Time Warner has been approved by antitrust officials in 16 countries, it awaits the same from Brazil and U.S. Department of Justice.
AT&T Unveils G.fast, Expands High Speed Broadband Services
by Zacks Equity Research
AT&T (T) has started the roll out of G.fast that helps operators to offer fiber-like speeds through the existing copper networks. This service is expected to improve churn rate trends for the company.
Is DOCSIS 3.1 the Next Big Thing in Global Cable TV?
by Zacks Equity Research
The next-generation DOCSIS 3.1 standard is an improved formulation of the existing DOCSIS 3.0.
AT&T (T) Launches Primetime, Offers Unlimited Entertainment
by Zacks Equity Research
In line with AT&T's (T) efforts to develop its digital media business the company launches Primetime, its own brand Android tablet, which has unlimited entertainment in store.
Cable MSOs Maintain Lead in High-Speed Broadband Market
by Zacks Equity Research
The cable multi-service operators (MSOs) in the U.S. have successfully maintained their lead over telecom operators in the high-speed broadband (internet) market.
Who Is Jeff Immelt, Uber's Rumored Next CEO?
by Ryan McQueeney
According to the latest round of rumors, ride-hailing giant Uber has slated Jeffrey Immelt, the former chief executive of General Electric (GE), to fill its vacant CEO role--a position most recently filled by the controversial Travis Kalanick.
Is AT&T (T) Mulling Over Selling Digital Life Platform?
by Zacks Equity Research
AT&T Inc. (T) entered the U.S. home security and automation market in 2013 in an effort to enhance its connected devices and services offerings.
Movie Studios Considering Rental Plan with Apple & Comcast
by Megan Sanks
Against the wishes of movie theaters, movie studios are considering a plan to offer digital rentals of new movies to Apple (AAPL) and Comcast (CMCSA) just weeks after they premiere in theaters.
Cord-Cutting Continues to Impact Pay-TV Services, OTT a Boon
by Zacks Equity Research
While cord-cutting continues to be a severe competitive threat to the pay-TV industry, the OTT services seems to help operators like AT&T (T) to lure subscribers.