Comcast Announces Special Holiday Bonus and Capital Investments
December 20 2017 - 5:12PM
Business Wire
Based on the passage of tax reform and the FCC's action on
broadband, Brian L. Roberts, Chairman and CEO of Comcast
NBCUniversal, announced that the Company would award special $1,000
bonuses to more than one hundred thousand eligible frontline and
non-executive employees. Roberts also announced that the Company
expects to spend well in excess of $50 billion over the next five
years investing in infrastructure to radically improve and extend
our broadband plant and capacity, and our television, film and
theme park offerings. With these investments, we expect to add
thousands of new direct and indirect jobs. We will have more to say
on capital at our upcoming January 24th earnings report.
About Comcast
Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company with two primary businesses, Comcast Cable and
NBCUniversal. Comcast Cable is one of the nation’s largest video,
high-speed internet, and phone providers to residential customers
under the XFINITY brand, and also provides these services to
businesses. It also provides wireless and security and automation
services to residential customers under the XFINITY brand.
NBCUniversal operates news, entertainment and sports cable
networks, the NBC and Telemundo broadcast networks, television
production operations, television station groups, Universal
Pictures and Universal Parks and Resorts.
Visit www.comcastcorporation.com for more information.
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version on businesswire.com: http://www.businesswire.com/news/home/20171220006153/en/
Comcast CorporationKatie Lubenow,
215-286-5691katie_lubenow@comcast.com
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