Back to top

Analyst Blog

Comcast Corporation (CMCSA - Analyst Report) has decided to extend its Wi-Fi hotspot technology across all localities in the country where it operates.

In order to expand its Wi-Fi hotspot coverage, Comcast will supply cable modems to its subscribers powered with Wi-Fi routers. The Wi-Fi routers will support two signals strengths, which will serve two different functions. One of the signals will be used for domestic purposes (used within home) while the other will be used publicly for sharing with other subscribers of the company.

Each Comcast customer will have a separate user name and password. Hence, once the Wi-Fi router-based cable modems are switched on, any Comcast subscriber can easily log into the neighborhood hotspot through their respective user name and password.

To date, Comcast has supplied the new cable modems to nearly 100,000 homes and expects to cover its entire operational expanse as soon as possible.

Such enhanced service offered by the company will help its subscribers to stay connected to its network as they travel, thereby safeguarding its position against leading wireless operators like AT&T, Inc. (T - Analyst Report) and Verizon Wireless. Moreover, it will also reduce cost and improve network strength as it will not share its Wi-Fi hotspot with other cable companies.

Wi-Fi hotspot technology is gaining huge popularity as it reduces network pressure and lowers maintenance cost. At present, Comcast along with other cable companies like Time Warner Cable (TWC - Analyst Report), Cablevision Systems Corporation (CVC - Analyst Report), Cox Communications and Bright House Networks provides 150,000 public hot spots to its customers. They have also appealed to the FCC to free up more frequencies in order to rollout more Wi-Fi services across the U.S.

Currently, Comcast Corporation carries a Zacks Rank #3 (Hold).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.80 +7.04%
SIGNET JEWE… SIG 116.05 +7.04%
BANCO DO BR… BDORY 14.74 +5.66%
TRAVELCENTE… TA 11.66 +4.76%
AIR INDUSTR… AIRI 9.99 +4.15%