Comcast (CMCSA) on Tuesday said that it would move into a trial phase of providing wireless services under a network-leasing agreement with Verizon Communications (VZ), but the cable leader said that no commercial launch is imminent. Comcast, along with Time Warner Cable (TWC), Bright House Networks, Cox and Advance/Newhouse, in 2011 sold Verizon high-quality radio spectrum in a $3.6 billion deal. The cable companies secured rights to resell
Comcast (CMCSA) early Tuesday reported Q3 revenue that topped estimates, as Universal Studios box office hits led by “Jurassic World” and “Minions” drove up film revenue 64% to $1.9 billion. Earnings met the consensus estimate of analysts polled by Thomson Reuters, as the No. 1 cable-TV firm reported a net loss of video customers, but fewer than in Q3 2014. Comcast stock was flat in early trading in the stock market today. Comcast said adjusted
As I entered my local multiplex this past weekend to see the much-touted film that attempts to capture the life of late Apple (AAPL) co-founder Steve Jobs, I was struck by how much business had fallen off since the biopic from Comcast’s (CMCSA) Universal Studios debuted Oct. 9. This theater in northern Los Angeles County had an Sunday afternoon audience I’d generously estimate at 50 — this for a film clearly promoted as an awards contender. But