Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an email subscription for our weekly Comcast roundup or other news updates.
- Comcast tops $100B market valuation [Philadelphia Inquirer] “Since buying a controlling stake in NBCUniversal on Jan. 29, 2011, Comcast has seen its stock increase in price by more than two-thirds. The company has benefited from improving prime-time ratings among 18- to 49-year-olds at the network, which climbed from last place to first this season. Comcast, which has about 22 million cable-TV subscribers, now has a higher market valuation than McDonald’s Corp., Home Depot Inc., and Walt Disney Co. And it’s closing in on technology heavyweights such as Intel Corp., Cisco Systems Inc., and Qualcomm Inc.”
- Comcast CFO Rejects Calls for More Debt [Wall Street Journal] “Comcast’s CFO could come under pressure from investors next year to take on debt to fund returns of capital to shareholders, an area in which analysts say Comcast lags behind peers, relative to its size. But [CFO Michael] Angelakis rejects that idea, insisting that maintaining a strong balance sheet is essential, especially as Comcast works toward the next stage in its takeover of NBCUniversal.”
- Comcast CEO Brian Roberts: Do you even believe the nonsense you are saying? [PandoDaily] “Geoff Colvin has a fawning interview with Comcast CEO Brian Roberts in this month’s Fortune. If anyone believes a word of what Roberts is selling, please contact me. I have a bridge to sell you.”
- Marc Himmelstein Sues Comcast Over Error That Cost Him $26,000 [Huffington Post]
- Comcast amps up its Spanish-language content [Boston Globe]
- AT&T wins approval to buy Comcast, other wireless spectrum [Bloomberg]
- Comcast CEO says company can learn from Apple, wants content ‘anytime on any device’ [The Verge]
- Xfinity TV Player App from Comcast Now Enables Customers to Download TV Show and Movies onto Mobile Devices [press release]
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